Citigroup Cuts 401(k) Contributions for Top Earners: A Shift in Employee Benefits

In a significant change to its employee benefits structure, Citigroup has announced a reduction in its 401(k) contributions for high-income earners within the organization. This move, aimed at realigning compensation strategies and bolstering long-term financial health, reflects broader trends in corporate America as businesses reassess their benefit offerings amid economic pressures.

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