FedEx 401K
 

Does anyone know the name of the company, I think out of Dallas, who has had success in assisting in managing the FedEx retirement plans for some crewmembers. In the past I have heard of good things about this company but have misplaced my contact info. Thanks for anyone who might know and who might have first hand experience with them. Cheers.

Rhoads Lucca Capital Management (888) 895-1212

Airline Pilots | 401k Autopilot Program | Retirement

I've been very happy with them. PM me if you would like to.
fbh

Does FedEx have a Roth 401k or just traditional? If no Roth, do you know if it's part of your contract openers? I can't imagine that adding the Roth option would cost the company too much...

Just traditional!

Roth 401k?? :confused: Did I miss something, would'nt be the first time.:D

Thanks, MD11Fr8Dog!

fly2ski - Yes, the Roth 401k was introduced in 2006. Just like Roth IRAs, you put in after-tax dollars, let your investments grow for a few decades and then extract your money with no capital gains or other taxes. Pretty sweet deal for the younger crowd. The 401k limit is $16,500 this year, so if you and your spouse each have a Roth IRA ($5000 each) in addition to the Roth 401k, you could conceivably invest $26,500/year to then grow tax free for your retirement. Not too shabby! (Note: I cannot invest $26,500/year, hence the word "conceivably.")

Chef, Thanks I looked it up after posting, again not a first. I could see that for the younger and or more junior crowd that would be nice. Wish it was 16.5k in addition to the conventional 16.5. Truth is most guys around here need the tax reduction aspect, good luck to you in your career. Hopefully it won't be too long before the Roth 401k does'nt apply to you:D

Pretty tough to be eligible for a Roth 401K for upper wage earners. If you make more than $177k joint filing or $121K single, you are not eligible for the Roth - these numbers might be a bit off.