- A 401(k) match is often considered free money.
- Most employers offering a 401(k) plan make a matching contribution on workers’ savings.
- Workers may need to stay at the company for a certain number of years before the match is fully theirs, however.
Check out the companies making headlines in midday trading: FedEx — The delivery giant plunged more than 13% after reporting a steep quarterly earnings drop. The company also lowered its full-year revenue forecast. CEO Raj Subramaniam said industrial demand was softer than expected, while FedEx’s customers continued to shift to cheaper, slower delivery options, which […]
Read MoreKey Points Many people don’t dispute potential errors on their medical bills because they feel it’s ineffective. However, calling a health provider to address a financial concern can, for example, help correct, reduce or eliminate one’s bill, according to a University of Southern California study. Doing nothing and avoiding payment may result in late fees […]
Read MoreCheck out the companies making headlines before the bell. Nike — Shares rose 6% after the athletic apparel company announced CEO John Donahue would be retiring from the position . Company veteran Elliott Hill will be coming out of retirement to take the position. FedEx — Shares of the shipping giant shed more than 13% […]
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