Personal Finance

If You Can’t Afford To Contribute To Your 401(k), Lendtable Will Pay It For You

If you were to put just $300 into your retirement savings account every month, you could retire a millionaire after 45 years — seriously. We did the math.

Setting aside money from your paycheck to put into your 401(k) is literally one of the smartest things you can do for your future. And if your employer matches each contribution, that could mean hundreds of thousands of extra dollars in your account when you retire. It’s free money!

But if you can’t take advantage of this employer benefit because you need all of your paycheck every month, a company called Lendtable will give you the cash. Seriously. This company will make sure you get thousands of extra dollars from your job.

It’s a no-brainer.

It’s Literally Free Money Your Boss Wants to Pay You

We know it sounds too good to be true. But if your employer has a 401(k)  match program, this is money they already have earmarked for you. (This also works with other types of retirement savings accounts, like an ESPP, 403(b) and TSP.)

By using Lendtable to contribute to your retirement account, you’ll be able to unlock that free cash.

Let’s say you make $50k a year and your employer matches your 401(k) contribution up to 4%. If you put $0 in your retirement account this year, you get $0 from your boss. If Lendtable gives you the 4% of your salary your employer is willing to match, you get $2,000 from your boss, minus Lendtable’s share of the profit.

And by the way: This profit-share comes from the extra money you’ve earned, so there’s no sacrifice on your part. Free. Money.

It takes three minutes to answer a few questions about your eligibility and sign up for an account. Then tell Lendtable how much you need to take full advantage of your employer match, and they’ll make sure you get it.

Once you’ve gotten your full match amount from your employer, Lendtable will take the money they gave you back, plus a small share of your profit. If there’s a penalty from your retirement account provider for taking money out, Lendtable will cover that, too.

The risk for you is basically nonexistent, so not taking advantage of your employer match with Lendtable’s offer would make Future Millionaire You bow your head in shame. Get started here to see how much free money you could be getting.

This article originally appeared on The Penny Hoarder