New JB 401k
10-23-2016, 12:00 PM
#1
Gets Weekends Off
Thread Starter
Joined APC: Mar 2011
Position: A320 CA
Posts: 199
New JB 401k
Here are some lovely customer reviews of the crap sandwich that we are being fed. . .
https://www.yelp.com/biz/empower-ret...wood-village-3
https://www.yelp.com/biz/empower-ret...wood-village-3
10-23-2016, 12:16 PM
#2
facing forward
Joined APC: Sep 2006
Position: forward facing stick actuator
Posts: 288
Originally Posted by Rickce7
Here are some lovely customer reviews of the crap sandwich that we are being fed. . .
https://www.yelp.com/biz/empower-ret...wood-village-3
https://www.yelp.com/biz/empower-ret...wood-village-3
Out (censored) standing. What could possibly go wrong during this roll over from TRP. I may just not do the transfer and roll my TRP funds to and IRA.
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10-23-2016, 12:57 PM
#3
SDQ Base Chief
Joined APC: Mar 2006
Position: 320 CA
Posts: 5,588
Originally Posted by 727_Driver
Out (censored) standing. What could possibly go wrong during this roll over from TRP. I may just not do the transfer and roll my TRP funds to and IRA.
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Sent from my iPhone using Tapatalk
10-23-2016, 01:43 PM
#4
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Joined APC: Feb 2013
Position: CA
Posts: 1,211
My understanding is that Southwest Airlines also went to this company Empower, including SWAPA (pilot internal union) which manages their 401k. However SWAPA is in the process of leaving it after not being happy with it while SWA remains.
How much more could TRowe be?
How much more could TRowe be?
10-23-2016, 02:29 PM
#5
SDQ Base Chief
Joined APC: Mar 2006
Position: 320 CA
Posts: 5,588
Originally Posted by Softpayman
My understanding is that Southwest Airlines also went to this company Empower, including SWAPA (pilot internal union) which manages their 401k. However SWAPA is in the process of leaving it after not being happy with it while SWA remains.
How much more could TRowe be?
How much more could TRowe be?
10-23-2016, 03:09 PM
#6
Gets Weekends Off
Joined APC: Apr 2013
Posts: 3,436
Originally Posted by Softpayman
My understanding is that Southwest Airlines also went to this company Empower, including SWAPA (pilot internal union) which manages their 401k. However SWAPA is in the process of leaving it after not being happy with it while SWA remains.
How much more could TRowe be?
How much more could TRowe be?
SWA uses empower for all their retirement plans, including the company 401k and profit sharing. SWAPA manages our own pilot 401k and has a very successful program that employs some very smart people. For a very long time, SWAPA used Schwab to manage the accounts. SWAPA, for some strange reason (guessing money), decided to switch to Empower last year. The results were horrible. Guys couldn't access their accounts for weeks and weeks, things were just wrong, options that many used went away, and customer service was nonexistent. After about six weeks of that, SWAPA made a hasty exit back to Schwab where everyone was happy.
This isn't your kids' lunch account, this is your retirement account. Good customer service and investment options are a must.
10-26-2016, 03:37 AM
#9
SDQ Base Chief
Joined APC: Mar 2006
Position: 320 CA
Posts: 5,588
Originally Posted by embraerjetpilot
So is there anyway to take what you have already invested and put into an IRA or leave with TROWE? If I had known they were going to do this, I would not have rolled over from my previous employer.
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