FDX and TSP
#4
Can't get much easier than TSP. You can roll your own, or put it all in an "L" fund that matches your retirement plans and let them allocate/manage it.
IF FedEx filed BK, would your 401K be safe? TSP (Uncle Sam) would just print more $$$$
IF FedEx filed BK, would your 401K be safe? TSP (Uncle Sam) would just print more $$$$
#5
I'm not a CPA, but even I realized it's easy to goon this one up, if you don't do it EXACTLY the right way. Any of you money gurus chime in if needed--but if memory serves, the goal is to never have funds in your personal control/bank account--that creates a "taxable event." Rotsa ruck.
#6
Can't get much easier than TSP. You can roll your own, or put it all in an "L" fund that matches your retirement plans and let them allocate/manage it.
IF FedEx filed BK, would your 401K be safe? TSP (Uncle Sam) would just print more $$$$
IF FedEx filed BK, would your 401K be safe? TSP (Uncle Sam) would just print more $$$$
#7
New Hire
Joined APC: Feb 2009
Posts: 1
Retirement funds (401k, 403b, IRA, pension rollovers) are considered qualified funds under ERISA guidelines. That means you can rollover a 401k or 403b to an IRA, 401k, 403b,etc. and not induce a tax consequence. However, if you accept a check into a personal account, checking, savings, etc., it is a taxable event. I am a Financial Advisor, and a pilots wife. Pm me if you have questions.
#9
Just got this question answered myself.
Thank you for your recent e-mail regarding your Federal Express Corporation
Pilots' Retirement Savings Plan.
Rollover information >>
The procedure for completing a rollover is as follows:
1. Obtain the rollover check from your previous qualified plan
recordkeeper. The check must be made payable to VFTC FBO (Insert Name of Registered Participant).
In the memo section of the check, please write the last four digits of your
Social Security number and your plan number (093015).
2. Complete the attached Rollover Contribution form.
3. Return the check and paperwork to one of the Vanguard addresses below.
Once we receive the rollover request in good order, we will post the
rollover amount to your account within three business days.
(Standard mail)
Vanguard
P.O. Box 1101
Valley Forge, PA 19482-1101
(Overnight mail)
Vanguard
400 Devon Park Drive
Wayne, PA 19087
Transaction history >>
Once your rollover has posted to your account, you will be able to view it
in your transaction history. You may also view a list of transactions up to
the past 7 years on your account, as well as download history for the past
18 months through our website. To do so, please follow the instructions
below:
1. Go to Vanguard's website at vanguard.com and select "Go to the Personal
Investors site."
2. Log on to your account and access your plan.
3. Select "Transaction History" from the drop down menu under "Plan
Summary."
4. If you wish to view your transaction history by source, select "Source"
or "Both" from the "View by" drop-down box.
Questions >>
Please call Vanguard at 800-523-1188 and enter your four-digit VOICE(R)
personal identification number (PIN). Participant Services associates are
available on business days from 8:30 a.m. to 9 p.m., Eastern time. We will
be pleased to assist you.
We hope that you found our online services to be both informative and
convenient.
Michael Dibattista
Correspondence Associate
Vanguard
Thank you for your recent e-mail regarding your Federal Express Corporation
Pilots' Retirement Savings Plan.
Rollover information >>
The procedure for completing a rollover is as follows:
1. Obtain the rollover check from your previous qualified plan
recordkeeper. The check must be made payable to VFTC FBO (Insert Name of Registered Participant).
In the memo section of the check, please write the last four digits of your
Social Security number and your plan number (093015).
2. Complete the attached Rollover Contribution form.
3. Return the check and paperwork to one of the Vanguard addresses below.
Once we receive the rollover request in good order, we will post the
rollover amount to your account within three business days.
(Standard mail)
Vanguard
P.O. Box 1101
Valley Forge, PA 19482-1101
(Overnight mail)
Vanguard
400 Devon Park Drive
Wayne, PA 19087
Transaction history >>
Once your rollover has posted to your account, you will be able to view it
in your transaction history. You may also view a list of transactions up to
the past 7 years on your account, as well as download history for the past
18 months through our website. To do so, please follow the instructions
below:
1. Go to Vanguard's website at vanguard.com and select "Go to the Personal
Investors site."
2. Log on to your account and access your plan.
3. Select "Transaction History" from the drop down menu under "Plan
Summary."
4. If you wish to view your transaction history by source, select "Source"
or "Both" from the "View by" drop-down box.
Questions >>
Please call Vanguard at 800-523-1188 and enter your four-digit VOICE(R)
personal identification number (PIN). Participant Services associates are
available on business days from 8:30 a.m. to 9 p.m., Eastern time. We will
be pleased to assist you.
We hope that you found our online services to be both informative and
convenient.
Michael Dibattista
Correspondence Associate
Vanguard
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