Tip 1: Don’t miss out on free money

Bloomin’ Brands matches 100% of the first 3% of your contributions, plus 50% of the next 2%. Money deferred under the catch-up contribution allowance will not be matched. How does free money sound? It’s a no-brainer right?

But believe it or not, many of your fellow employees are leaving money on the table — by not participating in the 401(k) Savings Plan or by contributing too little to earn the full match. Make sure to contribute 3% of your pay to get the dollar for dollar match — and contribute 5% of your pay to get the additional 50% match. That’s like getting a dollar-for-dollar match equal to 4% of your pay.

How much of a difference does it really make? Check this out…