Mercer

Update: Suspending the 401(k) match: Look before you leap

The US has entered into what may be a prolonged recession, and as a result, many organizations are looking for ways to preserve cash, including suspending or reducing contributions to 401(k) and other defined contribution plans. While suspending matching or nonelective contributions is a relatively easy and immediate way to reduce expenses, this action has a variety of implications and potential pitfalls. This Update takes a look at some of the issues that employers should consider before suspending 401(k) matches.  (Update, 13 Apr 2009, 3 pages)


  •  
Global
About Mercer Select

Mercer Offerings

To learn about other Mercer offerings, check out these Mercer sites:
Mercer.com: Mercer's flagship site
iMercer.com: Survey data and analysis