Break the cycle and get ahead with sufficient savings for unanticipated expenses. Start the habit of saving consistently and reap the rewards of less financial stress.
We encounter tempting ways to spend money daily. At the end of the day, there rarely seems to be anything left to save. By saving first, we spend less randomly and make better consumer decisions.
If your employer matches a portion of your savings...booyah!!...that’s the secret sauce! Plus earn a competitive interest rate (higher interest earnings than the average bank savings account). Low cost investment options will soon be available.
71% of American credit card holders do not pay off their balances each month and pay more than 16% average annual interest rate. Some pay over 400% annualized interest rate by accessing payday loans. MatchSavings works to curb habits of living on credit. Source
Your MatchSavings account is set up and controlled by you online or through the mobile app. You determine how much you want your employer to payroll deduct and deposit to your savings account. No permission needed. No forms to fill out.
Check your balance, activity, progress, and investment performance anytime. You can take withdrawals anytime without completing forms or seeing your employer. It’s your money, even if you leave your employer. If your employer offers a time-based incentive match, you would forgo future interval matches on the portion withdrawn before match interval dates are reached.
MatchSavings will help you track your progress toward goals and encourage you along the way. It's more like a savings plan than a savings account.
MatchSavings is a simple and effective way to build a more financially stable workforce and improve your company’s bottom line. Book a 45-minute demo with our team to see how MatchSavings can add value to your workforce.