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2: Maxing out Matched Savings Chen's employer will match 50% of their $250 monthly contributions to their 401(k). This means that Chen's employer will put
2: Maxing out Matched Savings Chen's employer will match 50% of their $250 monthly contributions to their 401(k). This means that Chen's employer will put 50% of $250 = $125 into Chen's 401(k) account each month in addition to Chen's $250. Free money-- Nice! (this is common!)
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