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What match formulas are best?

April 26, 2017best formulas

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What match formulas are best?

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{ back to top } Most matching formulas tend to match some percentage of the first 6% of compensation. Common formulas include 25% of the first 6% and 50% of the first 6%. A plan sponsor can also choose to make a discretionary matching contribution. With a discretionary contribution, the employer determines the match formula at the end of the year. For more information contact the Compliance and Technical Support Department at Pinnacle Financial Services at (561) 547-4200.