Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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Compass
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Bates & Company, Inc.
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Small-Business Owners Worry about Continuing 401(k) Match
planadviser June 8, 2009 Excerpt: A Nationwide Financial Services survey found that 44% of all of the employers who responded said they may have to cut back or cut out their 401(k) match. Small-business owners seemed more concerned. Some 75% of polled small businesses don't expect the economy to affect their ability to continue offering a 401(k) plan, but 51% of the small-business owners anticipate the downturn could force them to reduce or eliminate their matching contributions. |
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