Thread regarding Verizon Wireless layoffs

Reason to hope

Even if you get Fired for putting normal trash in a dumpster and get Fired on November 11, 2020.

Think Maine

You cab rest assured this 52 has never done better in realizing and achieving a net worth of at or above 1 million dollars.

All true.

Thanks Verizon.

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| 1151 views | | 8 replies (last May 8, 2021) | Reply
Post ID: @OP+1aJ7PbEl

8 replies (most recent on top)

Let me just say I am looking for anyone that achieved higher than a 65% return rate over 10 years per Fidelity’s way of computing returns.

If you want to be part of my club your certainly welcome although I will say I have one time line that’s shows more than 68%.

Over 10 years too.

Yes again all true.

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Post ID: @1ygt+1aJ7PbEl

The 15 day deferment is usually for small companies fiduciaries of large 401k to serve the best ingest are supposed to deposit the funds as soon as administratively possible.

At least that’s what a class action lawyer told me.

401k Float

Self Dealing.

All terms that were new to me at first too.

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Post ID: @1rxl+1aJ7PbEl

Actually my mistake it would still be the third quarter but was deferred till after dividends were paid out.

Not July 30 th

A week later after dividends were paid

Self dealing

That’s definitely correct.

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Post ID: @1ocy+1aJ7PbEl

So here’s a fun one commissions went quarterly.

The deposit for anyone utilizing the 401 would be pretty good on July 30 th .

It was moved a week ahead 2 or 3 days After dividend was paid and it was now the 3rd quarter.

Now if commissions had been Guaranteed for April, May , June 2020 the argument of the deposit would be moot as it would have to be known.

Also three was a accidental charge to benefits on that off cycle check it was funded immediately.

There should be no delay in a 401k deposit this day and are yet this one floated to after dividend was paid.

Iin some circled it might even called self dealing.

All true

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Post ID: @1bqi+1aJ7PbEl

The worst is how the 401 k got paid on commissions it’s was in a very grey area in July 2020.

It funny how the dispersement took place after the dividend was paid.

As I thought more those 401k disbursements took place in 3rd quarter too.

Let’s just say some terms like 401k float, class action and so forth had been tossed around.

I know some company faced a 30 million dollar fine just last July too.

I’m sure I’f any reasonable person looked at off cycle checks and compared dates to fidelity deposits.

Then understood fiduciary duty to a 401k might say puzzling.

Who knows?

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Post ID: @bcm+1aJ7PbEl

Sorry can’t edit 8400 shares in 401k check cash instead of dividend reinvestment earn $22000 as earned income.

It’s not just a 401k it’s also ESOP

You also get to vote your shares too

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Post ID: @ryk+1aJ7PbEl

It helps to amass I almost 8400 total shared even in.

I can’t explain but read the plan and how dividends can be dispersed.

Even after separation

;)

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Post ID: @gvk+1aJ7PbEl

I'm glad things worked out brother, I had to read your post a few times to get it. Good Luck!

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Post ID: @keb+1aJ7PbEl

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