Huntington Bancshares has announced actions it will take to get on more sound financial footing, including cutting company match contributions to its 401(k) plan.
Department store retailer Macy’s Inc. joined the growing list of employers slashing their 401(k) match to save money in the difficult economic environment.
Nearly half of Americans own an individual retirement account (IRA), though the odds are that those accounts were funded by an employer-sponsored retirement account.
The Reader's Digest Association, Inc., has informed employees that it will adopt a global ‘Recession Plan,' including the suspension of company matching contributions to its U.S. 401(k) plan.
Sprint Nextel Corp. on Monday joined a growing roster of employers scrambling to make companywide cost reductions including suspending their 2009 401(k) match.
After announcing its first-ever decline in quarterly profit last week, Google Inc. said it is allowing its employees to swap their stock options for new ones that will...
Whether you think the burgeoning government bailout packages are necessary, a necessary evil – or just plain evil – you now have a way to capitalize on those...