I've googled around for this, but I can't seem to zero in on an answer! My wife just scored a new job that offers a simple IRA with a 3% match. We've never had access to this kind of thing before, so the question is this: When does the employer match hit your account? Is it dollar for dollar every pay period until they hit the 3%, or does it show up at the end of the year?
Also (and I think I know the answer to this, but I'll ask anyway just to be sure), the employer match is on top of the 12,500 that one can contribute, correct?
Any other tips for handling these kinds of investment accounts? Shoot'em my way! I'm here to learn!
Thanks!
Alex