What is the annual value o a 401(k) plan in which the employer agrees to match 3.5 if the employee contributes 10000?

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1285691

2026-04-20 01:56

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In a 401(k) plan where the employer matches 3.5 times the employee's contribution, if the employee contributes $10,000, the employer would contribute $35,000. Therefore, the total annual value of the 401(k) plan, combining both the employee's and employer's contributions, would be $45,000.

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