Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

ProfessorGAC

(76,373 posts)

10. I Buy That

Reply to MichMan (Reply #9)

Wed Feb 25, 2026, 07:41 PM

8 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.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

13 replies

= new reply since forum marked as read

Highlight:

Trump announces 401(k) plans with $1,000 match for workers whose employers don't offer them [View all] Yo_Mama_Been_Loggin 13 hrs ago OP

Is this the one signed into law by Biden in 2022 senseandsensibility 13 hrs ago #1

Biden proposed the same Yo_Mama_Been_Loggin 8 hrs ago #13

Buying votes... lame54 13 hrs ago #2

It's not a bad idea JBTaurus83 13 hrs ago #3

Yippee! Back door to privatizing Social Security leftstreet 13 hrs ago #4

Remember Al Gore's plan back in 2000 MacKasey 12 hrs ago #5

Let's see. $1000 times 56 million workers. $56 billion per year for starters. Midnight Writer 12 hrs ago #6

I can't imagine there are many company matches that are under $1000. MichMan 12 hrs ago #7

Mostly Agree ProfessorGAC 11 hrs ago #8

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

I Buy That ProfessorGAC 8 hrs ago #10

Sure, Jan. ColoringFool 8 hrs ago #11

That's yesterday's promise. Totally Tunsie 8 hrs ago #12