Entrepreneur Media
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July 22, 2026
Costco doesn’t just pay above-average wages. It puts money in your 401(k) whether you contribute a dime or not. Workers with at least a year of service get a contribution worth 4% of their pay automatically, rising to 9% after 25 years, the Wall Street Journal reports. It’s part of why thousands of Costco’s hourly workers have amassed over $1 million in retirement savings.
Other employers go even further.
Southwest offers a dollar-for-dollar match up to 9.3%. Visa puts in $2 for every $1 an employee saves, up to 5% of pay. Unionized Ford and GM workers get a 10% contribution, with no matching required.
Then there’s the employee stock route.
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Around the Internet
Here’s what else we’re reading this week:
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- Headaches for Silicon Valley as China chips away at the US’s lead in the AI race (The Guardian)
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