Fedex Retirement Plans
Hi all,
I keep hearing everywhere that Fedex and UPS have great retirement plans but Im not really familiar with how it works. All I see in APC Fedex page is $500/yr in 401k, A/B fund 2%/8%. I have always worked in places where they just give you 401k matching, and Im trying to learn more about the details on Fedex retirement.
So what does the $500/yr mean (401k)? What is the difference between A fund and B fund? does fedex offer defined contributions like AA’s 16% into the 401k?
Please excuse my ignorance, Im just trying to gather as much information as possible since Fedex is currently my top choice for my future and I want to understand all the details in case they decide to hire me one day.
Thank you!