If a company matches 50% of 401k contributions to 6% of salary, does that mean they’ll put in 6% if I put in 12% or will they put in max of 3% on my 6% contribution? Curious what their wording means

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It’s the latter. They will match 50 cents to every dollar you contribute up to 6%. In other words you need to contribute 6% to get 3%.

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I thought this would be the case, but one could hope!

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like

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