For all of you still paying into your 401k.. STOP! If I could see into the future you will not be getting a company match at the end of the year!
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@2uef+1kUvGet6 I agree. Unless you feel you need the extra cash in your check now before being laid off. If not then yes, keep putting in to your 401K.
Regardless of company match, it’s a retirement plan that is managed by a 3rd party (empower). You should still contribute regardless of company match if you choose to do so.
Highly doubt even the 22 matching funds will be paid as co will probably declare bankruptcy before having to pay it out right after fiscal year ends March 03?
You only qualify for the match if you are still employed by the Company on the 31 December 2023.
Legally the amount withdrawn from you check must go into your account or executives will go to jail.
With the match that is something we would have to dive into further based on the agreement in enrollment.
Good point!