Monday, July 13, 2009

Lose your matching 401(k) contribution?... here's a tip

I just came across an article that might help McClatchy employees figuring out what to do with their 401(k) contribution, since McClatchy suspended the company match at the end of March.

Wonder if you should keep contributing to your 401(k) even if the company stopped contributing?

Click here for some good advice.
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3 comments:

Anonymous said...

Some might even wonder, awaking from their lib. bender, hangover, if they should quit working for the Titanic, and use their innate skills to get a real job, and build some wealth.

Or, most likely, how to get a gubmint job wiff da new administration they love to write about so much.

Anonymous said...

Sac Bee switched 401(k) funds to Vanguard this last month without telling their recently bought out/laid off ex-employees. Nothing wrong with Vanguard but it would have been nice to know ahead of time.

Anonymous said...

for anon 6:58, you were obv not any good at what you did because for many of us and $90-100K comp plans we have, wealth is continuing to be built. The difference is we actually pound the pavement and work all day realizing that although the company is in shambles, there is still money to be made.

Whining, exit stage left. Well, probably right since so many of you can't go left for any reason.