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UPS to Offer Employees a Way to Save for Emergencies

by Bioreports
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United Parcel Service Inc. is expected to announce Thursday a plan to offer nearly 100,000 of its workers a way to save for emergencies within its 401(k) plan, becoming one of the largest U.S. employers to join a trend that reflects concern over the impact of workers’ financial problems on their ability to retire.

The program gives UPS employees the option to divert a portion of their paychecks into rainy-day funds within their 401(k) plans.

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