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401 match??? - just saying

Posted: Jan 02, 2014

Maybe it is just me but I called Merrill Lynch and there was no match made to the 401K at the end of the year. Imagine that. They said they would match and then did not. Shame on me for believing them.

I think they said they - might

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Match it which I took to mean a snowball's chance of it happening

No according to email from July they would match at end of the year - just saying

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They used to match every paycheck then in July they decided to just match at the end of the calendar year for all those who remained employed. Right after that email was when all the layoffs started happening.

Their match is pathetic at best, 0.25% up to 4% which equals 1% but for goodness sake they should honor their word. If they are not going to match they should just say so. Do the right thing for once.

by law, once they saw they are going to match - they have to match. nm

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x

really, there was no 401k match....? - naive radmt

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Has anyone confirmed this? although I suppose looking it up for myself is the wise thing to do. And they definitely said they would match up to 4%.
let me know.

401k was matched! - radmt

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MM matched. I checked my balance. Jackpot! Whoever wrote the above false statement is wrong. Unless they were the company less than 1 year and not yet vested. fyi. But thank you to that person for pushing me to check my balance. Thank you.

why would you accuse them of lying when they just - mjig

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did not get it

Not paying match until end of January or early February - just saying

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According to human resources. So whatever you were looking at was not the company match. Now you are lying.

that's awesome!!! - MT

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Read all the above information. I too checked ML statement and it shows an employee match of 20.70%, hoping that was last years match and will get the same again this year! Fkn aye!

Told ya'll this a couple of months ago. - They had to make the match.

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A lot of fuss over nothing.

It is not nothing. They did not match one year - just saying

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That was back when they matched with Medquist stock. They sent out an email at the end of the year basically saying that due to the company not making much money that year they were not matching at all. Then they stopped matching 401K altogether until Queen Amy touted it as a reward, but they have yet to match anything. Until it is actually in my account it is not a fuss over nothing.

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