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Council of Better Business Bureaus
Companies Reinstate 401(k) Contributions
February 26, 2010

A good number of businesses who suspended 401(k) contributions are quietly restoring them.

Nearly 50 percent of the companies that put the matching on hold will restore them in 2010, according to FiLife

Most of the employers never planned on making the suspension permanent. Some large companies like American Express have already announced they would reinstate matches in 2010.

What about you? Has your employer suspended matching 401(k) contributions?

To read the full article at FiLife, click here.