Many Companies Reinstating 401(k) Matching

December 1, 2011 Updated Dec 1, 2011 at 6:29 PM EDT

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Many Companies Reinstating 401(k) Matching

December 1, 2011 Updated Dec 1, 2011 at 6:29 PM EDT

According to a USA Today report, many companies that discontinued or decreased 401(k) contributions and matching during the economic downturn in recent years are now restoring the benefit to their employees.

According to the USA Today report, 75 percent of the 260 companies surveyed have restored the contributions, with most of them reinstating the to previous matching levels.

Read the USA Today story HERE.