Retirement Glossary

E

Employer match/matching contribution

The amount, usually a percentage, that an employer contributes to a retirement plan on behalf of an employee. 

ERISA

The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for most voluntarily established retirement plans and establishes protections for consumers, including standards about disclosing plan information and rules regarding fiduciary responsibilities for the plans.

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