From: Rich Carreiro 
Newsgroups: misc.invest.financial-plan
Subject: Re: Found out employer does NOT match my 401k!
Date: 18 Aug 2004 16:20:01 GMT
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noreplysoccer@hotmail.com (Jim) writes:

> I thought I read something in the past which stated that employers
> must do one of two things if they have a 401k-
> 
> 1) provide a MATCH
> OR
> 2) contribute a guaranteed % of all employees pay to 401k, regardless
> if employee contributes.  (This would imply if employee contrbutes
> nothing, employer is required to contribute something like 2%).
> 
> is this accurate?

I don't believe so.

I have personally worked at 3 companies that do
neither.  My wife has worked a 4 companies that
do neither.  Most of my friends work at companies
that do neither.

I'm willing to believe that if that many different
companies do neither, they're not all breaking the
law and therefore that your information is inaccurate.

-- 
Rich Carreiro                            rlcarr@animato.arlington.ma.us