Not maximizing your employer match could cost millions of dollars over the course of your working lifetime and typical retirement. This is why missing the full employer match is the number one biggest mistake people make in their 401(k) retirement plans. Additionally, there are other retirement income strategies that could make skipping the employer match look even worse. The bigger the retirement income the bigger the mistake of skipping the employer match. Employer match and your retirement contributionsCapturing all of your employer matches throughout your career can help you get closer to financial freedom in retirement.

Source: Forbes May 14, 2018 12:22 UTC