No. of Recommendations: 0
However you slice it, a company match is found money. It would be nicer to get it in a different form than company stock, but if that is what they are giving you, of course you take it.
The bad thing about owning a bunch of stock in the company you work for is that if the company falls on bad times you could lose your job and a hefty part of your retirement at the same time.
Therefore, if one of his 401k options is to buy company stock, that should NOT be his choice since that will be the form taken by the company match.
Clearly the price of company stock will fluctuate. Surely it is better than no match at all. Better than what you had before? Probably not.
Best wishes, Chris
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