Thread regarding Verizon Communications Inc. layoffs

401k Profit Sharing

What was the % for the profit sharing award deposited into 401k this week?

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Post ID: @OP+14dLq7Ky

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I received 2.25%, exactly the amount they said I would get.

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Post ID: @3gdq+14dLq7Ky

Profit share for 2019 was announced as 2.25%, that's rate for current employees. If you took the VSP and finished in Mar or June of 2019 then you got prorated at 3%, so 0.75% profit share if you finished in March, 1.5% if you finished in June.

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Post ID: @1xiz+14dLq7Ky

looked low to me as well

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Post ID: @ugj+14dLq7Ky

I looked at mine and it looks low. Like less than 1%? That can't be right.

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Post ID: @ces+14dLq7Ky

If it was any of your business, you wouldn't need to ask.

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Post ID: @ywy+14dLq7Ky

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