If you work for a company with a 401(k) savings plan, check to see if they have an employer match program. Employer match is how much the company will put into your account, based on how much you contribute. Many companies match 50 cents on the dollar up to the first 6% that you contribute. Some companies have even more generous matching contributions. However, if you don't save using a 401(k) plan, you'll be missing out on this extra money. Remember, while the money saved in your 401(k) Plan is meant for retirement, you may be able to access the savings earlier for a loan or hardship withdrawal, so it can't hurt to use one.