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Match Game: How to Cope With a Suspended 401(k)

Date: July 30, 2009
Author: Dan Burrows
QUOTE: The market’s losses caused palpable damage to retirement accounts over the last year: The median rate of return for 401(k) plans was negative 28.3% during 2008. Now, however, many workers are missing out on one of the biggest benefits of this investment vehicle....The cutbacks are unlikely to last, though. Employers know that a good retirement benefits package is a compelling draw for workers and that they’ll need to keep them if they want to attract and retain talent.

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