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DWC - The 401(k) Experts
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Jobs and Benefits: Grim Outlook
The Wall Street Journal; subscription may be required 
Dec. 18, 2008
Excerpt: According to a survey to be released Thursday by consulting firm Watson Wyatt Worldwide Inc., 7% of 117 respondents plan to reduce matching employee 401(k) and 403(b) contributions, and 3% already have done so. In addition, 17% of respondents plan to raise employee contributions to health-care premiums, and 20% already have raised them. 'When benefits are cut back or contributions are decreased, people look at it as if you cut their pay,' says Jeanne Hand, senior account executive of United Benefit Consulting Inc., a benefit consulting firm that is a division of HUB International.
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