More Bad News: Employers Cut 401(k) Matches

As if the market weren't doing enough damage to your 401(k) retirement plan, your employer might be hurting it, too. Last month, General Motors announced that it would suspend its company matches to employee contributions to 401(k) plans. Frontier Airlines and Dollar Thrifty Automotive Group have followed suit in recent weeks.
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Posted by Editor at November 17, 2008 03:36 AM