IBM's announcement late last year that it was switching its 401(k) employer match from twice a month to once a year garnered a lot of attention and drew fire from Alliance@IBM, an employee group affiliated with the Communications Workers of America, which says on its website the company's decision "short changes IBM employees."
The amount employees receive isn't changing, but workers who leave the company before Dec. 15 won't get their employer match. And while the move has raised the specter of other employers following IBM's path, at least one investment consultant doesn't expect a lot of other employers to jump on board.
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