How 401(k) Matching Works
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How 401(k) Matching Works

Employer matching of your 401(k) contributions simply means that your employer contributes a certain amount to your retirement savings plan based on the amount of your own annual contribution. Depending on the terms of your employer’s 401(k) plan, your contributions to your retirement savings may be matched by employer contributions in…

Understanding The Income Statement
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Understanding The Income Statement

What is an Income Statement? An income statement is one of the three important financial statements used for reporting a company’s financial performance over a specific accounting period, with the other two key statements being the balance sheet and the statement of cash flows. Also known as the profit and loss statement or the statement of revenue and expense,…