General Motors recently announced it would stop matching employees 401(k) contributions. Sadly, thats likely to become the norm at many companies, especially if the economic crisis deepens and lasts into next year or beyond, USA Today reports.
Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.
3-Week Free Trial
Insight and analysis into the management, marketing, operations and technology of the asset management industry.
Have an account? Sign In