BAY AREA LUTHERAN HOMES, INC. TAX SHELTERED ANNUITY PLAN
Employer Match
An employer match is deemed as ‘free’ money wherein your employer contributes additional funds to your allocated retirement savings plan. The matching amount can frequently be several percentage points of your compensation. Don’t avoid this free salary ‘raise’.
In 2022, BAY AREA LUTHERAN HOMES, INC. TAX SHELTERED ANNUITY PLAN allocates $73,430 to match its employees’ contributions, providing an employer match rate of 18.31% of their contributions
In 2022, the estimated average employer match for an employee in BAY AREA LUTHERAN HOMES, INC. TAX SHELTERED ANNUITY PLAN is approximately $163