The Return of a Troubling Trend: Employer 401(k) Match Cuts Employers are quietly cutting or pausing their 401(k) match contributions once again.
This trend, which has repeated itself throughout history, last occurred during the 2008 recession and the early days of the Covid 19 pandemic.
TTEC, a technology services firm with over 16,000 US based employees, is the latest company to pause its 3% match for nine months.