JPMorgan Chase 401(k) at a glance
| Employer match | After one year of service, JPMorgan Chase matches 100% of what you contribute, up to 5% of eligible pay. You must be employed on December 31 to get it. |
|---|---|
| Maximum match | 5% of pay |
| Contribution needed for full match | 5% of pay |
| Company contribution (no match needed) | After one year, employees with total cash pay under $350,000 get an Automatic Pay Credit of 3% of pay (pay capped at $100,000), even if they do not contribute. Employees hired before 2019 can get 4% or 5% based on service. |
| Vesting | 3 years to fully vestThe match and pay credits vest 100% after 3 years of service (0% before that). |
| Eligibility | Full-time employees can join on day one. Part-time employees working 20+ hours a week can join after 60 days. The match and pay credits start after one year of service. |
| Automatic enrollment | New hires are auto-enrolled at 5% pre-tax about 31 days after hire. The rate goes up 1% a year until it reaches 10%. |
| Roth 401(k) option | Yes |
| Pension | YesThe JPMorgan Chase Retirement Plan (cash balance) closed to new entrants on Dec 1, 2018 and stopped pay credits after Dec 31, 2019. Existing balances still earn interest credits. |
| Plan provider | Empower |
| Who this applies to | US employees |
How much is the JPMorgan Chase match worth?
If you contribute 5% of your pay, JPMorgan Chase adds the full match. Here is what that means at different salaries, per year, before investment growth:
| Salary | You contribute (5%) | JPMorgan Chase match | Company contribution |
|---|---|---|---|
| $40,000 | $2,000 | $2,000 | $1,200 |
| $60,000 | $3,000 | $3,000 | $1,800 |
| $90,000 | $4,500 | $4,500 | $2,700 |
| $150,000 | $7,500 | $7,500 | $4,500 |
Illustration based on the plan terms above. Your actual match depends on eligible pay, timing and plan rules.
Good to know
- The match and pay credits are paid once a year after year-end.
- Employees with total cash pay of $350,000 to $999,999 get the match capped at $10,000 a year and no pay credits. Employees at $1,000,000+ get no match.
Other JPMorgan Chase retirement benefits
- In-plan Roth conversion.
- JPMorganChase matches the government's $1,000 Trump Account contribution for employees' children (announced Jan 2026).
How to make the most of your JPMorgan Chase 401(k)
- Always get the full match. Contribute at least 5% of pay. It is an instant return you cannot get anywhere else.
- Check your vesting date before you change jobs, so you do not leave unvested money behind.
- Pre-tax or Roth? If you expect a higher tax rate in retirement, Roth contributions can pay off. Model it with our Roth conversion calculator.
- Watch fees and prefer low-cost index or target-date funds in the plan lineup.
- Plan the whole picture: see how your state taxes retirement income before you decide where to retire.
Frequently asked questions
Does JPMorgan Chase match 401(k) contributions?
After one year of service, JPMorgan Chase matches 100% of what you contribute, up to 5% of eligible pay. You must be employed on December 31 to get it. After one year, employees with total cash pay under $350,000 get an Automatic Pay Credit of 3% of pay (pay capped at $100,000), even if they do not contribute. Employees hired before 2019 can get 4% or 5% based on service.
When does the JPMorgan Chase 401(k) match vest?
The match and pay credits vest 100% after 3 years of service (0% before that).
When can I join the JPMorgan Chase 401(k)?
Full-time employees can join on day one. Part-time employees working 20+ hours a week can join after 60 days. The match and pay credits start after one year of service.
Does JPMorgan Chase offer a pension?
The JPMorgan Chase Retirement Plan (cash balance) closed to new entrants on Dec 1, 2018 and stopped pay credits after Dec 31, 2019. Existing balances still earn interest credits.
How much should I contribute to get the full JPMorgan Chase match?
Contribute at least 5% of your pay. Anything less leaves part of the match unclaimed.
Sources (last verified 2026)
- JPMorgan Chase 401(k) Savings Plan Summary Plan Description (effective Jan 1, 2025, with Jan 2026 bulletin) — JPMorganChase (2026-01)
- JPMorgan Chase Retirement Plan Summary Plan Description — JPMorganChase (2025-01-01)
- JPMorganChase to Match U.S. Government's $1,000 Contribution to Trump Accounts for Employees' Children — Business Wire (2026-01-28)
Educational content only, not tax, legal or investment advice. Plans and tax laws change; confirm details with your employer's plan documents or your state revenue department. Smart Financial Lifestyle is not affiliated with any employer named on this site.