401K info requested.....

ageecee

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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..
 

c20916

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Nole did you keep emailing him telling him to make deposits is that why he's dropping it? It sucks he's doing that, but at least you know now your money will be put to work.
 

Nole

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Nole did you keep emailing him telling him to make deposits is that why he's dropping it? It sucks he's doing that, but at least you know now your money will be put to work.

Hi c20916, thanks for your reply.

I was e-mailing and calling my 401K provider regularly. They finally got the big guns out and had 4 of their top guys come down here and have a little "chat" with him. Next thing you know...whamo! No more 401K. Guess he didn't like having to follow the rules.

I bet it gets ugly next week.


nole
 

Franky Wright

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Hi c20916, thanks for your reply.

I was e-mailing and calling my 401K provider regularly. They finally got the big guns out and had 4 of their top guys come down here and have a little "chat" with him. Next thing you know...whamo! No more 401K. Guess he didn't like having to follow the rules.

I bet it gets ugly next week.
nole

Nole,
What was it you do again?

Franky :0corn

:00x32
 

c20916

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Franky I am headed up to your neck of the woods this weekend, me and some friends are renting an RV and going to the Bears/Packers Game sunday night. You going by chance?
 

ripken8

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nole,

can't believe that hapened. definately know that can't be legal. good luck this week and let us know how you're doing. hope everything works out...
 

Franky Wright

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Franky I am headed up to your neck of the woods this weekend, me and some friends are renting an RV and going to the Bears/Packers Game sunday night. You going by chance?

C,
Unfortunately I dont have a ticket, but if you have an extra, I will be there :00hour . That would be fun, one cheeser in the middle of the Bear Pack :142smilie I think that is going to be a great game with all the story lines :cool:

If you can't accomodate me :mj07: , make sure you have a great time !:drinky:

Franky :)
 

ageecee

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Prank call him?:142smilie




Come on Agent when someone fawks with my money i dont use the phone. Maybe a back winshield that could get busted, maybe an ad in the newspaper, maybe some signs near his business. etc, etc.
 
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