#401k

Saw the email come through. So our employer match is decreasing. This is ridiculous.

This company is circling the drain. Cutting by 1% the match. Cutting costs everywhere. You just lost whatever raise your were getting. Actually worse with the health insurance rises.

no need to check your 401k, it's fine.

??

For those that are aware, from January DXC's "employer's" pension contributions will no longer be paid forusing our compensation packages. Instead DXC will pay them directly. Previously these contributions have been paid for out of our Flex funds which I have always thought as wrong. Its "Employers contributions" after all. "Employee's" contributions will remain to be charged to our Flex fund.

I'm glad that this appears to be rectified but its got me thinking that we've been unfairly charged by DXC for these contributions and this could add up to quite a significant amount.

Does anyone have any thoughts on this? It's a little bizaare for DXC to suddenly change their contributions. I would like to know what has driven this change.

So yesterday was my day. When can I move my 401k to an IRA? Do I have to wait the 60 days non working time, or can I do it whenever? I already signed the displacement documents.

So unfortunately I got laid off, but I am still collecting paychecks until February. Will my payroll deductions to my 401(k) still be happening until February? What about the employer match? Has that ceased immediately? Just curious.

If I’m on leave during these two milestones, how am I impacted? I assume invectives were decided this past month and 401K match is just math, but does LOA impact receipt of either?

Nothing new, but I am tired of dealing with this failing company, the layoffs of good employees, etc... so I'm looking for a new job at a growing company. I just want to make sure that I receive my LTI, deferred comp, pension credit, and 401k credit. Will working through 12/31 suffice or is it 2/28/26? Thanks!

Been with the company almost 20 years and this is like hitting the lottery. My 401k is already enough to fund an early retirement, but the severance package was amazing! I'm not complaining! Plus we are getting full payout of vacation and STI.

I might look for another job, one that isn't stressful, or just call it quits after this.

I am fortunate NJ provides protection that requires VZ to keep me on the payroll a bit longer.

Would it make sense to increase our 401(k) contributions for the almost two months in 2026 we get paid in NJ so we get more of the VZ 6% match? Or am I overthinking things?

I have a 401K loan, cannot repay. What to do if let go?

How long does one have to be at COP to keep the companies invested portion of the 401k. I am still in college and currently interviewing for a role here.

I've heard it is 3 years but also 5 years? Which is it for full time?

Thank you in advance, I was too shy to ask the recruiter.

I found the yearly price of Atena Healthcare of about 18k. However, it is unclear if dependents are covered, at a cost extra, or if allowed at all..

I know I will be axed, low work volumes, manager who does not care and the unit is a cost center (not contributing to the bottom line).

I have about $40K in 401K loans?

What happens with that.

I cannot repay.

hi, if by 11/7/2025 pay, I have reached the IRS limit of total gross income (base + bonus) and the limit for total contributions (before and after-tax from employee and chevron match), what else can I do now to continue receiving chevron's 8% match to the end of 2025?

I was let go by USB and now finally am settled in my new job. What is the easiest way to rollover your money from the U.S. Bank 2010 Cash Balance Plan? I have already rolled over my 401k from Fidelity but the funds from the U.S. Bank 2010 Cash Balance Plan seem more difficult to rollover.

If you got laid off, how would you handle your 401k? Are there rules that need to go about?

... just not Legacy Xerox folks. That's fu--ing delightful.

Have you looked at the 401K investment changes on the email from Monday? Seems like they are narrowing down our choices. And it’s odd that there is a Schwab IRA option. Aren’t they a competitor?!

Just curious.... What's your current retirement.

I'm 50 and my 401k + Pension combined is $2M.... 18 years with CVX

I would like to obtain more benchmarks. Feel free to share. TY

I was laid off waited for the severance PTO bonus all that jazz and I couldn’t be happier. I am officially retired. I can now enjoy my life without all the Wells Fargo drama between Social Security 401(k) and other investments. I’m making more than I did at Wells Fargo I’ve been in many engineering jobs And Wells Fargo is nothing but a joke. I am really glad to be gone.

if you are at least 59 1/2 years old you can do an in service (meaning you are still employed) withdrawal from our 401k into a rollover IRA without any immediate tax impact. If you are younger I believe you are stuck until your employment with the company providing the 401k ends.

There can be downsides to moving money out of your 401k to an IRA, mainly getting in the way of future Roth conversions (affects all ages). This is also a consideration in you are in the pension and are considering a lump sum payment, to be rolled into an IRA. If this is like reading Latin to you please run it by a tax or financial advisor beforehand.
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@gd+1k97nhk3h

Did they announce a change?

Can we just assume we’ll have none of these benefits anymore?

I never heard of Empower so I checked them out and this is what I found: https://www.trustpilot.com/review/www.empower-retirement.com

“We are confident Empower is a better long-term fit for CareFirst’s 401(k) plan and will provide an improved experience for all part participants”.

Does anyone know what changes we can expect come January? PTO, insurance, 401k match? When the remaining 1000 layoffs will happen?

Guy named frank took over the company and bled dry. Got away with all your 401ks.

So, after getting the RIF, if you've been there less than 2 years, you will not be fully vested in the 401K program; if you've been there less than 3 years, you won't see the additional 4% so all that money you thought you were getting according to your Fidelity account is a complete joke.

Your account will show a "forfeiture" for the matched amount. I think some of this RIF mess is to avoid having to match folks' retirement contributions they tout so highly as a "benefit."

If you were let go yesterday so you get your 401k match or bonus? I almost think they did it yesterday so they don't have to pay those 2 out. Thoughts?

Per the title, if you have or are in the process of retiring from Fidelity and meet the rule of 70, what date did you pick and why? I know to receive your profit sharing and RHR contributions, you need to be an employee as of 12/31. If you have shares and/or bonus eligible, it would likely be pro-rated for every other full quarter. So many retire in the spring and I don’t know if I’m missing something or did you just want warmer weather? 😊 TIA

AI chatbot told me, when I put in my particulars, that the gains foregone from the switch to annual match from quarterly we used to have is about $1,500, since missing out on getting money in during the lower levels throughout the this year, assuming S&P closes out the year at current level. Thanks Charlie, and the "special award" ain't gonna make up for it, even if we're around for it to vest. Especially given the big lump that would have matched Q1 on the bonus period contribution. And most companies match per pay period, so annual is a real stiffing.

Anyone else log into their savings and retirement summary page lately?

I see an alert/info icon that says “Need to initiate a 401(k) rollover to another company? If you are looking to withdraw your savings, you may want to consider rolling it directly into another eligible employer plan or an individual retirement account (IRA). You can learn more here or request a rollover if you are ready.”

Certainly making me more nervous. Is this a sign? Anyone else see this when you log into your benefits?

There is a WSJ article today about companies deducting employees' contributions but not depositing the money into their 401(k) accounts. Has anyone here experienced this? I haven't checked my 401(k) closely, assuming everything was okay.

Just saw email taking about the changes upcoming during enrollment period. Atleos mentions about the “staggering increases in healthcare” requiring an increase of rates.

That’s now a double whammy as they took away the benefit of being healthy (non smoking, sugar levels, etc) providing a discount on healthcare per pay period. Smokers actually benefited the most cause their rates came down!

Add that to worsening 401k company match, things keep going in reverse.

Can anyone who has been laid off or taken the package shed some light on what they plan to do with their 401k after their end date?

Most deep dive analyst are now predicting bankruptcy as soon as 2026. Even with stock going so low nobody will buy the company.
Get what you can out of the pension fund now.
The cuts were just a show, most were at or near retirement age.
With no raises and flex PTO and no 401K match in 2026 is a sure sign of bankruptcy planning.

You can’t even register because their site is unable to send you a PIN by text. Ghetto AF. Sigh…Why are we treated so poorly?