πΊπΈ In the U.S., many employers match employee contributions to their 401(k) retirement plan π§ up to a certain percentage.Say you earn $50,000 annually π΅ and your employer matches your 401(k) contributions up to 4%π¦. If you contribute at least that much, your employer will pay you $2,000 more this year. π°π‘ The 401(k) employee contribution limit in 2020 is $19,500.