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Flyer8277
12-31-2018, 06:33 AM
I was surprised I didnít get my monthly pension direct deposit today. Anyone know what is going on?


tomgoodman
12-31-2018, 06:54 AM
I was surprised I didnít get my monthly pension direct deposit today. Anyone know what is going on?

Many banks are closed today.

Bank Holidays 2018 | The Holiday Schedule (http://www.theholidayschedule.com/bank-holidays.php)

Anthrax
12-31-2018, 07:57 AM
foreshadowing of the VB plan.


flextodaline
12-31-2018, 10:10 AM
Trump.........

busdriver12
12-31-2018, 10:34 AM
Even if banks are closed, I'd think you will still get your direct deposit today. Or maybe it should have been on Friday.

MacGuy2
12-31-2018, 05:34 PM
I was surprised I didnít get my monthly pension direct deposit today. Anyone know what is going on?

My direct deposit to Wells Fargo didn't show up today either.

MG2

captjns
12-31-2018, 05:36 PM
My direct deposit to Wells Fargo didn't show up today either.

MG2

Where do you think the $575,000,00.00 Wells Fargo Settlement go?:D

MacGuy2
12-31-2018, 05:40 PM
Where do you think the $575,000,00.00 Wells Fargo Settlement go?:D

Haha!! You're probably right!! I'll probably NEVER see another pension check. Sad! Probably have to go back to work...nah, not gonna happen!

MG2

Nitefrater
12-31-2018, 10:04 PM
Mine was deposited 12/31/18... NFCU.

Flyer8277
12-31-2018, 10:23 PM
Many banks are closed today.

Bank Holidays 2018 | The Holiday Schedule (http://www.theholidayschedule.com/bank-holidays.php)


On the FedEx retirement website, it states that if the 1st falls on a holiday or weekend, the deposit will be credited on the last bank business day before. So, that is today, the 31st for Wells Fargo.

MaddDogg
01-01-2019, 06:11 AM
Pension checks are normally deposited the last banking day of the prior month. January is the exception. Your January pay will be deposited the first banking day of the new year so it can count as 2019 income.

av8rdude
01-01-2019, 02:10 PM
Ok, belay that panic! Resuming normal operations...

FoxHunter
01-01-2019, 04:28 PM
On the FedEx retirement website, it states that if the 1st falls on a holiday or weekend, the deposit will be credited on the last bank business day before. So, that is today, the 31st for Wells Fargo.
My State Street Statement said it would be deposited on January 1. My bank shows a deposit on Jan 1. Hmm? If it was deposited on Dec. 31 would it be 2018 earnings?

Nitefrater
01-01-2019, 06:45 PM
State Street reports your pension earnings to the IRS. Your bank doesn't.

If you look at your State Street statement, you'll notice that your Year-to-Date figures have reset to your Jan figures.

What was your question again?

FoxHunter
01-02-2019, 11:33 AM
State Street reports your pension earnings to the IRS. Your bank doesn't.

If you look at your State Street statement, you'll notice that your Year-to-Date figures have reset to your Jan figures.

What was your question again?

If the deposit was made on 12/31/2018 it is 2018 earnings.

155mm
01-05-2019, 07:56 AM
https://login.fidelity.com/ftgw/Fas/Fidelity/RtlCust/Login/Init?AuthRedUrl=https://oltx.fidelity.com/ftgw/fbc/ofsummary/defaultPage

Nice way to start the year with the Vanguard to Fidelity transfer.

flextodaline
01-05-2019, 08:22 AM
https://login.fidelity.com/ftgw/Fas/Fidelity/RtlCust/Login/Init?AuthRedUrl=https://oltx.fidelity.com/ftgw/fbc/ofsummary/defaultPage

Nice way to start the year with the Vanguard to Fidelity transfer.

If I remember all the propaganda, the transfer and site opening would be somewhere around 06JAN.....well be notified via email.

Wasn't it nice to have no control of your 401k during the most tumultuous period the market has had in years?:rolleyes:

Excargodog
01-05-2019, 08:38 AM
Wasn't it nice to have no control of your 401k during the most tumultuous period the market has had in years?:rolleyes:

Actually yes. God alone knows how many people it kept from making the stupid mistake of thinking they could successfully time the market. I swear, half the money I've made in the market over several decades is attributable to idiots selling when the market goes down and then buying when times are good.

Selling low and buying high. How could THAT possibly go wrong?

:rolleyes:

155mm
01-05-2019, 08:49 AM
Actually yes. God alone knows how many people it kept from making the stupid mistake of thinking they could successfully time the market. I swear, half the money I've made in the market over several decades is attributable to idiots selling when the market goes down and then buying when times are good.

Selling low and buying high. How could THAT possibly go wrong?

:rolleyes:

You bring up a good point! A lot of our funds were in Vanguard specific investments, do they transfer to be managed by Fidelity or do we have to choose other options? Sorry, I'm one of those "idiots" when it comes to investments and you appear to be in the know. Of course I was told never to listen to investment advice from a pilot.

BlueMoon
01-05-2019, 10:37 AM
You bring up a good point! A lot of our funds were in Vanguard specific investments, do they transfer to be managed by Fidelity or do we have to choose other options? Sorry, I'm one of those "idiots" when it comes to investments and you appear to be in the know. Of course I was told never to listen to investment advice from a pilot.


I think the funds are staying the same. You don't have to use Vanguard to buy Vanguard funds or etf's. You can buy them in a regular TD Ameritrade account.

USMCFDX
01-05-2019, 11:31 AM
You bring up a good point! A lot of our funds were in Vanguard specific investments, do they transfer to be managed by Fidelity or do we have to choose other options? Sorry, I'm one of those "idiots" when it comes to investments and you appear to be in the know. Of course I was told never to listen to investment advice from a pilot.

With the multitude of questions being asked about the transition itís no wonder the crap contract passed. Do people not read the multiple forms of communication that have been sent to them about this? There have been emails, letters and all the info is still on the union website.

max8222
01-05-2019, 11:47 AM
I tried to find the information on the union website? Where is it buried? I logged on to ALPA.org and lock around on our site. Could not find it?

USMCFDX
01-05-2019, 12:27 PM
I tried to find the information on the union website? Where is it buried? I logged on to ALPA.org and lock around on our site. Could not find it?

Going to have to be logged in to view the link.

https://fdx.alpa.org/Home/Content/ContentView/tabid/3125/ArticleId/9891/From-the-R-I-Committee-Reminder-about-Blackout-Period-12-20-18.aspx

155mm
01-05-2019, 01:11 PM
With the multitude of questions being asked about the transition itís no wonder the crap contract passed. Do people not read the multiple forms of communication that have been sent to them about this? There have been emails, letters and all the info is still on the union website.

Sorry, I need pictures but thanks for the link!

fly2ski
01-06-2019, 06:25 AM
Sorry, I need pictures but thanks for the link!

I just went to the netbenefits.com and setup my account. Easy, they sent me a security code email Fedex.com followed the steps, done. No account balance to see yet since the transition is not complete.

max8222
01-06-2019, 07:13 AM
I did the same thing. Was pretty easy once I was pointed to the link. Money should show up this week.

Thrust Hold
01-06-2019, 07:31 AM
https://www.myfidelitysite.com/sites/default/files/FINAL%20FINAL%20FedEx%20Digital%20TBRO.pdf

This brochure is pretty helpful.