Many companies that dumped their 401(k) matching contributions are rethinking that cost-cutting move.
David McCann, CFO Magazine
May 1, 2011
The download links have been fixed and moved to the top of the article.
Posted by Ed Teach | May 27, 2011 01:47 pm
The two download links at the end of the article don't seem to be working.
Posted by Amanda Huskin | May 26, 2011 04:23 pm
We chose to keep our safe harbor match and cut hours or wages/salaries when the recession hit. We do not have to pay payroll taxes and work comp on the match like we do on wages, so it seemed a bigger bang for our buck. While some employees cut back on their deferral amounts, no one dropped out of the plan.
Posted by Robin Thomas | May 26, 2011 10:36 am© CFO Publishing Corporation 2009. All rights reserved.