An employee has a salary of $⁢100,000 and contributes 6% of their salary to a 401(k) retirement plan. The employer matches 100% of the employee's contribution up to 4% of their salary. How much will the employer contribute annually?

The employer matches the employee’s contribution dollar for dollar, but only up to 4% of the $100,000 salary. Since 4% of $100,000 is $4,000, the employer contributes $4,000 annually.

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