Prepare To Get Less Employer Participation In Your 401-K Next Year

I was watching CNN yesterday as it reported on a recent poll conducted among businesses, which suggest employers may temporarily stop contributing to your 401- K due to the slow down in the economy and their decreasing bottom line. The poll also shows these employers may give a lower performance based cost of of living increase.

This news should remind us to be budget minded as well as, resourceful with the funds we have.

In addition, be prudent in what we invest in and continue to contribute to our 401- K.