Study: Many companies are cutting their 401(k) plans

05/2/2013 | OnWallStreet.com

The number of 401(k) plans is down by about 6% since 2009, and the number that match contributions is down 7%, according to a survey by American Investment Planners. The trend will likely continue as employers look for ways to cut costs, said Brett Goldstein, director of retirement planning at AIP.

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