Yes, Edward Jones does match 401(k) contributions! Here’s a quick overview of their 401(k) benefits:
Match percentage — Edward Jones matches 100% of employee contributions up to 3% of your salary and 50% on contributions between 3% and 5%.
Vesting — Employees become fully vested in the company match after three years of service.
Contribution limits — Employees can contribute the maximum allowed by the IRS, which is $22,500 for 2023, plus an additional $7,500 if you’re 50 or older.
This matching policy can significantly boost your retirement savings over time, so it's a great perk to consider as part of your overall benefits package!
Employees have noted, "The company match on 401(k) is generous and definitely helps in planning for retirement," which highlights how valuable this benefit can be.
If you're weighing your options, this is a solid benefit to keep in mind!