Just an update for you guys...
My boss had an e-mail waiting on us this AM stating that our 401K plan will be terminated effective immediately. He will let us know in 2 weeks what we can do with our money (into my Schwab IRA phucko!).
There has not been another purchase since June 25th so my money again, has not been allocated.
I have not received one dime of "possible missed earnings". Not a phucking cent!
Now the rest of the office has finally caught on and they're ready to crucify my boss when he gets back in town. Many are women who just trusted my boss, even after getting their quarterly statement from the 401K folks. "I just thought, he was putting the money in" is all they say.
I feel I may get canned for causing the uproar. I know people will say, "Sue his ass", but I don't want to go through all that BS and honestly, I don't think I could prove that's why I got canned. He could just say I'm not doing my job so he fired me. End of discussion.
Really feel the crap's gonna hit the fan next week. I'll keep you posted.
nole
Man that sucks. Your boss sounds like a penny pincher. All those employees busting there azz for retirement and he decides to pull the plug on the 401K and hasnt made a deposit since June.
I know what i would do and it wouldnt be very nice.
Keep us posted..