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Employees Can Now Save In A 401(k) By Using A Credit Card

TedTed
in The Bullpen
FYI: Spending and saving are kind of like oil and water — they don't mix well together. But one company is trying to link credit-card spending to increased retirement savings, and financial advisers are taking notice.

Earlier this year, EvoShare Inc. began offering "cash back" to 401(k) and 403(b) plan participants tied to their credit-card purchases at certain merchants. The offer is similar to other credit-card perks, such as points that buyers can accumulate for discounts at retailers like Amazon. The cash back is returned to employees in the form of retirement savings.
Regards,
Ted
https://www.google.com/search?source=hp&ei=rl3lW93_OZ7ijwStkbuwDg&q=Employees+can+now+save+in+a+401(k)+by+using+a+credit+card&btnK=Google+Search&oq=Employees+can+now+save+in+a+401(k)+by+using+a+credit+card&gs_l=psy-ab.3..33i299.3991.3991..5341...0.0..0.143.219.1j1......0....1j2..gws-wiz.....0.8z6ZLMd9mI8
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