U.S. Companies Have a New 401(k) Fix: Spend More

In an effort to retain the best employees some industries are finding it necessary to increase the company match to remain competitive. In addition, to help offset the rising cost of healthcare for older employees some companies are finding it more economical to increase the 401(k) match. This helps to ensure they reach their financial goals and retire on time which then allows the company to transition to a younger staff.

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Written By: Sarah Krouse

Published By: www.wsj.com