Archive:
Introduction Charles Schwab & Co.’s decision in March 2003 to suspend its matching contribution to its 401(k) plan made headlines. But Schwab is not the only company to suspend the employer match. This Issue in Brief looks at the nature of the employer match in 401(k) plans, the role that the match plays in individua…
Abstract This paper addresses the relationship between defined benefit pension plans and corporate profits and examines the outlook for defined benefit plans in the wake of the bear market. Due to a soaring stock market during the extended bull market of 1982-2000, together with federal regulations and legislation that shifted funding requirements forward, pension contributions…