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Consider 401(k) True-Up Payments for Employer Matching Contributions

Offering “true-up” payments helps ensure that 401(k) plan participants don’t miss out on the full extent of their employer’s matching contributions if they meet the annual employee contribution limit before their final paycheck of the year. But employers may want to balance the value of helping employees grow their retirement savings against the added expense of true-up payments.
Source: New feed 2