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The Economic Times
The Economic Times
National

Social security payment: Waiting for handsome 401(k) retirement savings plan match? Employers likely to disappoint

Employers in the U.S. are reportedly not matching 401(k) savings. Only 81 per cent of employers matched traditional 401(k) plan this year, down from last year's estimate of 85 per cent, as per a report.

But why are 401(k) savings plans not matched? It seems that employers have come up with new strategies, Ragan Decker, director of commercial research at SHRM, told Yahoo Finance.

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