After reading today that the delayed 401k company match has been moved from November to September, I am curious if the company will still match our 2019 contributions if we withdrew funds during furlough?
Any in-site here is helpful!
4 replies (most recent on top)
Nice that the match deposit went in a day before the stock market took a two-day nosedive, so we could all lose money on that too.
I guess it was too much to expect Macy's to let former employees know anything about changes in when they'd deliver the matching funds, and that they did deliver them. I just saw the match in my account, so I can't complain too much. Still, not having any sort of communication around this to ex employees is another example of that chaos that is Macy's,
Yes you should receive the match for what you put into the account through payroll deductions.
Match hit the account today. Former employee who pulled all funds upon leaving got match today.
The match is against your CONTRIBUTIONS and doesn't have anything to do with what you withdraw.