Touring Models Road King, Road King Custom, Road King Classic, Road Glide, Street Glide, Electra Glide, Electra Glide Classic, and Electra Glide Ultra Classic bikes.
Sponsored by:
Sponsored by:

My Company Just Cut Off Our Retirement and Matching 401K

Thread Tools
 
Search this Thread
 
  #41  
Old 12-17-2008 | 05:32 AM
JayStronghawk's Avatar
JayStronghawk
Ultimate HDF Member
Joined: Dec 2007
Posts: 9,255
Received 280 Likes on 215 Posts
From: Lake City, Florida (Native)
Default

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  
Old 12-17-2008 | 06:35 AM
SPARKY01's Avatar
SPARKY01
Road Master
Joined: Nov 2007
Posts: 1,181
Received 6 Likes on 6 Posts
From: tomball tx
Default

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  
Old 12-17-2008 | 06:44 AM
G$'s Avatar
G$
Road Captain
Joined: Jul 2007
Posts: 548
Likes: 0
Received 0 Likes on 0 Posts
From: LexVegas, KY...home of fast wimmen & beautiful horses
Default

Originally Posted by masterblaster
+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.
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.
 
  #44  
Old 12-17-2008 | 07:04 AM
WillieC's Avatar
WillieC
Road Master
Joined: Aug 2005
Posts: 906
Likes: 0
Received 0 Likes on 0 Posts
From: State College, PA
Red face 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
 
  #45  
Old 12-17-2008 | 07:06 AM
Guest
Guest
Posts: n/a
Default

Originally Posted by G$
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.
Ya well.. It's lying dishonest bags of $hit like you that have driven the American business and jobs overseas.. Make every dollar you can, rip off your employees, rip off your customers with overpriced substandard products..
What goes around comes around, azzhat..
 
  #46  
Old 12-17-2008 | 07:14 AM
1flhtk4me's Avatar
1flhtk4me
Seasoned HDF Member
Joined: Apr 2006
Posts: 10,668
Likes: 0
Received 90 Likes on 67 Posts
From: Billings,Mt.
Default

At least your company had/has a retirement plan.My employers dont!
 
  #47  
Old 12-17-2008 | 07:19 AM
JayStronghawk's Avatar
JayStronghawk
Ultimate HDF Member
Joined: Dec 2007
Posts: 9,255
Received 280 Likes on 215 Posts
From: Lake City, Florida (Native)
Default Maroon

Originally Posted by G$
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.

As Bugs Bunny used to say " What a Maroon" AKA Moron
 
  #48  
Old 12-17-2008 | 07:31 AM
thekidnkaren's Avatar
thekidnkaren
Tourer
Joined: Dec 2007
Posts: 485
Likes: 0
Received 0 Likes on 0 Posts
Default

It seems I read somewhere a couple weeks ago that many of the illegal's are headin back to Mexico and that the Mexican Banks are cryin because the large influx of US dollars that they were sending back to support their families is not comming in. Putting a crunch on the Mexican Economy
 
  #49  
Old 12-17-2008 | 07:31 AM
mcp96's Avatar
mcp96
Novice
Joined: Jan 2008
Posts: 18
Likes: 0
Received 0 Likes on 0 Posts
From: Southern York county, PA
Default

This is still a Harley forum right? You know, where people can talk about their BIKES?
 
  #50  
Old 12-17-2008 | 07:36 AM
titusvilleharley's Avatar
titusvilleharley
Banned For Ripping Off HDF Members
Joined: May 2008
Posts: 811
Likes: 0
Received 0 Likes on 0 Posts
From: titusville,fla
Default

when a door closes a window opens/
 


Quick Reply: My Company Just Cut Off Our Retirement and Matching 401K



All times are GMT -5. The time now is 05:26 PM.