Thread regarding Verizon Wireless layoffs

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I see the two mature dates as March 1st and 2nd but when do the funds actually become available on the Fidelity account ? Of course leadership can’t provide that answer so coming on here is the next best thing. Lol.

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| 2176 views | | 7 replies (last February 17, 2022) | Reply
Post ID: @OP+1ffGEcdm

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@6rup+1ffGEcdm Mine was in my bank account in March 9 last year.

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Post ID: @6ttn+1ffGEcdm

Last year it vested 1st week in March and didn't get payout until 18th. That doesn't mean it will be the same this year but I tend to go off previous experience over what anyone tells me nowadays. You decide.

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Post ID: @6rup+1ffGEcdm

@4nzd+1ffGEcdm You’ll be sadly disappointed when you can’t get your money until 3/22 and 3/29.

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Post ID: @4wgh+1ffGEcdm

So now we have four different dates on here when the money can be cashed out. LoL. Nobody knows nuffin on this board. BTW i also spoke to the department handling this and confirmed a 4 business day deposit. Another financial adviser told me that Verizon cant hold onto the money three weeks after a mature date.

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Post ID: @4nzd+1ffGEcdm

@bku+1ffGEcdm You are wrong. They are available to cash out 3/22 and 3/20

They told us on our town hall today

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Post ID: @4dvl+1ffGEcdm

Nope the cash out time frame is 4 business days from maturity date. Confirmed with that department today. It was exactly the same time frame last year.

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Post ID: @bku+1ffGEcdm

It’s weird they haven’t announced this yet. Last year we got the funds a week after vest date.

This year they vest on 3/1 and 3/2 and they are available to cash out on 3/22 and 3/29.

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Post ID: @kgh+1ffGEcdm

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