You had to be there on 12/15 of each year to get it, else zip. | Hacker News

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pinewurst on Nov 1, 2023 | parent | context | favorite | on: IBM cancels 401k matching, replaces with proprieta...

You had to be there on 12/15 of each year to get it, else zip.

jonfw on Nov 1, 2023 [–]

last year they started monthly matching, of course they ruin everything a year later

pinewurst on Nov 1, 2023 | [–]

Almost certainly they reverted to monthly to clear any hypothetical carried balances that could interfere with their new scheme.

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