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Based on the excerpt below, what is the meaning of 'matchpoint'?You may contribute throughout the year to your IRA, and as stated earlier, the company will match your contributions up to the matchpoint. This matchpoint is calculated as a percentage of your income as shown in your attached personnel file. Please visit with Accounting if you have any questions.

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Based on the excerpt below, what is the meaning of 'matchpoint'?<br>You may contribute throughout the year to your IRA, and as stated earlier, the company will match your contributions up to the matchpoint. This matchpoint is calculated as a percentage of your income as shown in your attached personnel file. Please visit with Accounting if you have any questions.<br>






 
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