Matching Contribution
A type of contribution an employer chooses to make to his or her employee's employer-sponsored retirement plan. The contribution is based on elective deferral contributions made by the employee.
Investopedia Commentary
Generally, the employer's contribution may match the employee's elective deferral contribution up to a certain dollar amount or percentage of compensation.
Related Links
Introductory Tour through Retirement Plans
Plans the Small Employer Can Establish
Making Salary Deferral Contributions - Part 1
Making Salary Deferral Contributions - Part 2
See also: Active Participant Status, Defined Contribution Plan, Elective Deferral Contribution, Employee Contribution Plan, Non-Elective Contribution, Pension Plan, Salary Reduction Contribution, Simple, Simplified Employee Pension