Yea, that didn't work for me. Seems I did too much.......
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Company suspends 401k match?
- Thread starter Rolling_trip
- Start date
They are taking the taxes you won't pay on SSI.... up front.Sherwin Williams is a huge company(60k+ employees), I hope that this isn't a sign of the future. What would you do if you worked for them and nowhere near retirement? They did this in 2020 temporarily due to Covid, now this due to "Tariffs", starting Oct 1th with no announcement of coming back.
Sherwin-Williams suspends 401(k)-matching amid weak sales
Sherwin-Williams will suspend matching contributions to employee 401(k) plans starting October, citing weak demand, inflation, and global trade pressures.www.cleveland.com
As I recall (vaguely) they have crushed it the past few years
normal seems like hitting a wall
Prezactly
“It’s a (rich) man’s world” . Wait until the Bits get hacked .
I worked
It is showing what they think of the workforce and your future
I know work for a company that matches an appropriate % and has outstanding benefits- of course they are the largest company in the world in what we do
for a company that matched up to 6%. Then they cut matching down to 3%- “temporarily “. 4 years later I quit and the match was still only 3% when I left. Once they get your money they don’t give it backSherwin Williams is a huge company(60k+ employees), I hope that this isn't a sign of the future. What would you do if you worked for them and nowhere near retirement? They did this in 2020 temporarily due to Covid, now this due to "Tariffs", starting Oct 1th with no announcement of coming back.
Sherwin-Williams suspends 401(k)-matching amid weak sales
Sherwin-Williams will suspend matching contributions to employee 401(k) plans starting October, citing weak demand, inflation, and global trade pressures.
It is showing what they think of the workforce and your future
I know work for a company that matches an appropriate % and has outstanding benefits- of course they are the largest company in the world in what we do
Edited. Profit Sharing is the way imo. My brother in law just retired from the state and they canceled all his medical benefits ; the only reason he worked there for 35yrs “promises”.
Same here, will be there 14 yrs next week. They have always been very good to me with benefits and raises. I'm concerned that they listen to the stock holders too much, which looks at what the competition is doing to save money....
Doesn't matter if they mean well. They'll always screw you in the end
It's always about money. Just the way it is
