Kodak Suspends Its 401(k) Match for Employees

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Many people don't know it, but the "match" offered in a 401(k) is often there to an extent for the lower paid employees because the government limits the amount that high paid employees can defer with 401(k) unless the lowest paid also participate.

Evidently Kodak needs to cut costs and no longer cares about this.

of 4:08PM December 10, 2008

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