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ProfessorGAC

(76,374 posts)

10. I Buy That

Reply to MichMan (Reply #9)

Wed Feb 25, 2026, 07:41 PM

15 hrs ago

It's surprising how many companies dropped or reduced matching.
The ExxonMobil refinery near here cut the matching from 100% to 1/3rd.
ExxonMobil! Same thing with a big ethylene plant about 20 miles from here.

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Trump announces 401(k) plans with $1,000 match for workers whose employers don't offer them [View all] Yo_Mama_Been_Loggin 19 hrs ago OP

Is this the one signed into law by Biden in 2022 senseandsensibility 19 hrs ago #1

Biden proposed the same Yo_Mama_Been_Loggin 14 hrs ago #13

Buying votes... lame54 19 hrs ago #2

It's not a bad idea JBTaurus83 19 hrs ago #3

Yippee! Back door to privatizing Social Security leftstreet 19 hrs ago #4

Remember Al Gore's plan back in 2000 MacKasey 19 hrs ago #5

Let's see. $1000 times 56 million workers. $56 billion per year for starters. Midnight Writer 18 hrs ago #6

I can't imagine there are many company matches that are under $1000. MichMan 18 hrs ago #7

Mostly Agree ProfessorGAC 17 hrs ago #8

I'm saying that companies that would drop their 401k plans in favor of this likely weren't matching anyway. MichMan 15 hrs ago #9

I Buy That ProfessorGAC 15 hrs ago #10

Sure, Jan. ColoringFool 14 hrs ago #11

That's yesterday's promise. Totally Tunsie 14 hrs ago #12