Nova 401(k) Associates
Compensation Strategies Group, Ltd.
Nicholas Pension Consultants
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|Radioshack Workers Will Lose Their Jobs and Their Retirement|
Jane White on 401kHelpCenter.com
Feb. 24, 2015
"While most employers make matching contributions in cash, too many large companies still make a stock match. According to a survey by Deloitte & Touche, 13 percent of employers use their shares to make matching contributions. Contrary to the advice of retirement experts, employees at some of the largest U.S. corporations have as much as 70 percent of their retirement savings invested in company stock ... What should you do if you're one of the more than 9 million Americans whose employers match in company stock? Limit it to 10% of your assets ... And you might want to consider looking for a new job at an employer that values compensating their valuable employees over artificially boosting their company's share price."
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