Thank you so much for this detailed response. I was looking into my transaction history and it looks like this definitely is the case. I had no idea they were just giving me basically free money for my retirement account.
I've been with the company for four years but I never paid much attention to my retirement account. I just went on today to see my balance and noticed this. The wording is so confusing.
r4ipie OP t1_jaarlja wrote
Reply to comment by guzzijason in Employer match vs direct contributions? by r4ipie
Thank you so much for this detailed response. I was looking into my transaction history and it looks like this definitely is the case. I had no idea they were just giving me basically free money for my retirement account.