Lump-Sum Year End 401(k) Matching

You may have heard, or read, something about the AOL brouhaha recently. If you haven’t, here is a quick summary for you. In a CNBC appearance last Thursday, Chief Executive Officer (CEO) Tim Armstrong announced that effective this year, 2014, AOL would make a change in the way it distributes 401(k) matching contributions to employees. Instead of providing matching contributions with every paycheck, which is traditionally the norm, AOL would match employee 401(k) contributions at the end of the year. That means employees who leave the company before Dec. 31 Read the Full Story