Contribution

May 1, 2025

Laurie’s career has focused on developing solutions that improve financial security. She is widely regarded as an expert in retirement savings, behavioral finance, and human-centered design.

The amount of each paycheck that is deposited in your 401(k) account. This money is taken out of your paycheck before taxes are deducted. You decide on the amount of your contributions, up to certain annual limits. In some plans, the employer also makes contributions, matching the employee’s contributions up to a certain percentage.

Tags:

Want to learn more?

We’re here to help you compare plans and find the right solution for your business

Become an Icon Insider.

Each month, we’ll deliver curated articles, blogs, and trends straight to your inbox.