My Company Just Cut Off Our Retirement and Matching 401K
#41
Ultimate HDF Member
Well as one that is retired now and luckily didn't have my 401K crapped on .. Company would match 50% up to 10% of your wages taken out ... in otherwords with company match was able to save 15% for over 20 years .. You can still contribute to your own IRA won't be as sweet as the 401K .. but still will see you through later on in life.. Sorry this happened but will have to hope the company did this to save your job and not out of greed...
#42
i sell cars at a chev dealer and we all know about that situation...bottom line is i was looking for a job when i found this one. i know thats simple b/s but in a certain way, its the truth. as someone else said here, you are your future. keep your head up and hang in there. it will get better. the new messiah in dc says so....ride safe
#43
+1000 M.E., The key here is that the employer is changing the game rules in the middle of the game, the bennys are part of a total package the employee/employer agree to up front. When the employee has hard times he does not go back to employer and change the rules, why would the employer do that? Unless the company is on verge of imploding I cant any justification. When times get better I would leave, but I would start looking right now.
NEWSFLASH: Ur employer don't owe u squat. Safe to say u've never owned a company. Get with the program...cuz the game has no rules. It goes both ways. So u don't like how I getcha in the door, then change stuff up. I'll show ur happy *** the door w/ a pink slip. Go 2 work bitchin & moanin 4 someone else or just draw ur UI bennys. I don't need ur type cuz there's always someone behind u in line.
Lettme guess, I'm to blame 4 lack of education or stellar career choice too.
#44
No benifits
The company I have worked for was bought out and we lost most of
our benifits. We never had a pension plan though but used to have some profit
sharing.
My health ins for a single person cots me $195.00 a month.
BUT I still have a job and we need to get used to working more for less $.
I am two years from retirement and will have to live on $1,300.00 a month
when I retire and will only have medicare.
Not much we cam do about it now.
WillieC
our benifits. We never had a pension plan though but used to have some profit
sharing.
My health ins for a single person cots me $195.00 a month.
BUT I still have a job and we need to get used to working more for less $.
I am two years from retirement and will have to live on $1,300.00 a month
when I retire and will only have medicare.
Not much we cam do about it now.
WillieC
#45
Guest
Posts: n/a
Hard times, eh? ...spoken like a true "loyal" employee, one that wud just quit.
NEWSFLASH: Ur employer don't owe u squat. Safe to say u've never owned a company. Get with the program...cuz the game has no rules. It goes both ways. So u don't like how I getcha in the door, then change stuff up. I'll show ur happy *** the door w/ a pink slip. Go 2 work bitchin & moanin 4 someone else or just draw ur UI bennys. I don't need ur type cuz there's always someone behind u in line.
Lettme guess, I'm to blame 4 lack of education or stellar career choice too.
NEWSFLASH: Ur employer don't owe u squat. Safe to say u've never owned a company. Get with the program...cuz the game has no rules. It goes both ways. So u don't like how I getcha in the door, then change stuff up. I'll show ur happy *** the door w/ a pink slip. Go 2 work bitchin & moanin 4 someone else or just draw ur UI bennys. I don't need ur type cuz there's always someone behind u in line.
Lettme guess, I'm to blame 4 lack of education or stellar career choice too.
What goes around comes around, azzhat..
#47
Ultimate HDF Member
Maroon
Hard times, eh? ...spoken like a true "loyal" employee, one that wud just quit.
NEWSFLASH: Ur employer don't owe u squat. Safe to say u've never owned a company. Get with the program...cuz the game has no rules. It goes both ways. So u don't like how I getcha in the door, then change stuff up. I'll show ur happy *** the door w/ a pink slip. Go 2 work bitchin & moanin 4 someone else or just draw ur UI bennys. I don't need ur type cuz there's always someone behind u in line.
Lettme guess, I'm to blame 4 lack of education or stellar career choice too.
NEWSFLASH: Ur employer don't owe u squat. Safe to say u've never owned a company. Get with the program...cuz the game has no rules. It goes both ways. So u don't like how I getcha in the door, then change stuff up. I'll show ur happy *** the door w/ a pink slip. Go 2 work bitchin & moanin 4 someone else or just draw ur UI bennys. I don't need ur type cuz there's always someone behind u in line.
Lettme guess, I'm to blame 4 lack of education or stellar career choice too.
As Bugs Bunny used to say " What a Maroon" AKA Moron
#48