Will Your Employer Eliminate Its 401(k) Match?

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Today I got the letter of no more matching funds due to healthcare costs--I'm now committed to the job search.

Good luck getting a quality person to replace me, without the benefit, they will go thru a slew of people with much less dedication that will take the job but leave promptly for the next bigger dollar/slightly better job--enjoy the mayhem, they just filtered out all the good guys.

Rider of TX 7:56PM August 18, 2011

Wondering why no one responds to questions on here.

Trying to get the hell out of CA 8:12PM December 04, 2009

Does a company save FICA expenses when an employee contributes to a 401(k)? If yes, then couldn;t the company say, we'd match dollar per dollar for each 1% above 10% (for example) up to 13%? This seemingly would encourage folks to shoot for the company freebie by putting in at least soemthing more than 10%, thus saving for retirement and helping the company save FICA expenses? IS this thinking correct, or is it illegal for a company not to match until an employee adds a specific percent themselves.

Employee wanting to help out of SC 3:00PM November 23, 2008

My company did this 6 years ago ! I have nothing.

Frank of CT 1:00PM November 03, 2008

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