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What to do when your company stops their 401(k) match
What should you do when you company stops their 401(k) match: Double down. Why? The point of a company-sponsored retirement plan match is to help the employee save for retirement. Remember it’s your responsibility to save for retirement not theirs. Also, during this economic downturn, the employer may have suspended their 401(k) match program to save jobs. The attached article by Peter Dunn, he reminds his readers funding a successful retirement is the most difficult financial task you will ever accomplish. Read article here…
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