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Co-Presenting Sponsor

Capital Trade

Associate Sponsors

  • Indiabulls
  • Aegon Life
  • LIC Housing Finance
  • DHFL
YOU ARE HERE > Moneycontrol > Retirement Planning > Glossary

Retirement Planning

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Contribution Percentage Definition

A contribution percentage is the portion of your paycheck that you can opt to put into your workplace retirement plan. It typically refers to tax-deferred contributions to a 401(k), a 403(b) or a SIMPLE IRA.

If your employer offers to match some percentage of your contributions up to some level -- say, a dollar-for-dollar match up to 4% of your salary -- you would be well-advised to contribute enough to get the full match.

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