Suspending the employer 401(k) match

Munnell, Alicia Haydock, and Annika Sundén. “Suspending the employer 401(k) match”. Issue in Brief 12, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, June 2003. http://hdl.handle.net/2345/bc-ir:104515.
PREVIEW Datastream

Abstract

Charles Schwab & Co.'s decision in March 2003 to suspend its matching contribution to its 401(k) plan made headlines. But Schwab is not the only company to suspend the employer match. This Issue in Brief looks at the nature of the employer match in 401(k) plans, the role that the match plays in individual participation and contribution decisions, the extent to which firms are cutting back on their matching 401(k) contributions, and the implications of the cutbacks for individuals and the plans themselves.

Title
Suspending the employer 401(k) match
Author
Munnell, Alicia Haydock
Sundén, Annika
School
Carroll School of Management
Discipline
Finance
Center
Center for Retirement Research
Genre
report
Date Issued
June 2003
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
12
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:104515
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Financing retirement

My Bookmarks

Bookmarks: