Thread regarding Verizon Communications Inc. layoffs

Verizon 401k Float

As a friendly reminder if you were to do the funny math if you will April to June commissions matched quarterly with deposits of sales commission.

Don’t. Match and it’d funny that there was no guarantee either for 2nd quarter.

Think this way I bought 1 share on 07/8/202o because of DatEs the price of of one share of Verizon
On 08/03/2020 that share made a profit of 3.89 per share.

Small potatoes for a small investor add a few zeros then you get the picture.

Now think 2nd quarter commissions when do you receive your 401k payout that somehow gets moved around a guaranteed dividend pavement.

Do the math it’s sorta legal but interesting how it’s always paid AFter the Dividend.

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Post ID: @OP+1afbKUBM

3 replies (most recent on top)

Ok

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Post ID: @cew+1afbKUBM

Dollar for dollar match and profit sharing is pretty great. I get it they milking it, but most of us became 401k millionaires with the good bennies.

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Post ID: @ose+1afbKUBM

Your deposit is deferred till amazingly after the guaranteed dividend is paid .

Self Dealing is a term I have Even heard

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Post ID: @hfk+1afbKUBM

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