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401(k) Matches May Be Targeted in Market Downturn
Workforce Management
July 16, 2008 Excerpt: As the economy continues to sour, employees may soon find their 401(k) matches are the next casualty. In the last market downturn, in 2001-02, companies hit hardest -- such as Ford Motor Co. and Bethlehem Steel -- suspended their 401(k) matches to save money. MORE >> |
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