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More Firms Drop 401(k) Match
CFO 
Dec. 9, 2008
Excerpt: [C]ompanies that have recently suspended the matches include, Ford Motor, real estate firm Cushman & Wakefield, and Frontier Airlines, according to the website of Business Insurance magazine. BI, in fact, points to an October survey of 248 employers that Watson Wyatt Worldwide conducted, finding that 2 percent said they had reduced or suspended either their 401(k) and 403(b) matching contributions, while 4 percent said they planned to make similar moves in the next 12 months.
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