Anyone else not get the yearly 401k contribution? I don't recall any news that it was not happening this year.
8 replies (most recent on top)
Flagscape has an article on March 7th that it posted
Had you holding your breath, didn't they? Lol. You all can be sure this is on the chopping block. Years ago it would have been unheard of to whack a pension, where's the pension? Got news for you, this 3% 401K boost will be disappearing in years to come. Bank on it, BAC is.
In 2017 and 2018 it was within 5 days after February 15th. Not sure the holdup. If you track down the info on website it advises sometime in 1st quarter though
It usually happens in April. It’s what they promised to replace the pension plans. I think they would have to make a formal announcement and notification. Yes, I know the trust with this management team is zero. But they are conscious about public opinion, think of the prideful announcement of being in the 100 best companies. If they dialed that back, it would be recruiting s---c-de
One of my co-workers told me today it will be in April but I have not seen any thing official. They' ok probably claim poverty and can't afford to pay it now.