Originally Posted by
sinca3
What happens to the merger stock we all received when the new 401K takes effect?
I have heard we MUST sell it prior to the new choices or it will be sold and placed into one of the predesignated funds.....any truth to this?
What are the opinions out there on these changes?
Not true - Kevin P, the ALPA Retirement and Insurance guy said the following in the ALPA forum:
"No action is required on your part in regards to the Pilots ER Stock Fund, which is the equity shares received as a result of the merger. Those shares will remain in your account after the plan transition."
(Sinca - thanks for bringing that up - it was on my mind, but I hadn't gone and found the answer yet.)