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This topic was (and still is) discussed rather extensively on Foolish 401(k) board.

Basically, the thing is that while this is true for some companies, there are plenty of other companies that offer a "true up" match where they contribute at the end of the year whatever they need to to make the correct match for the employee.

Advice is read your benefit plan very carefully and see what situation you are in.

If you are in the situation where your company does not offer a "true up" match, you can contribute lesser percent per pay period which would allow you to still contribute the legally allowed maximum but get more in the company match.

Vlad
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