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Employers remain committed to 401(k)s

Despite the unstable economy, employers remain committed to 401(k) plans.

By Amanda McGrory-Dixon | Updated on March 14, 2013

Despite the unstable economy, employers remain committedto 401(k) plans, according to a study released by WorldatWork, a global human resources association along with the American Benefits Institute.

While there have been stories of companies suspending or eliminating their 401(k) match to reduce costs over the recession, 88 percent of employers say they still offered matching contributions during the previous five years.

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