401(k) changes that can make a difference


Gone are the days of the pension, and many in recent years have found 401(k) employer matches hard to come by. Fortunately, most companies that were forced to suspend their 401(k) matches during the recession have now restored them.
According to a Towers Watson survey, 75 percent of 260 companies that suspended or reduced their match in January 2008 or later, have reinstated their employee retirement savings plan matches. The reinstatements primarily took place in January 2010 and January 2011, and this trend is expected to continue in 2012.

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