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Originally Posted by TurbineDriver
(Post 1895600)
New hire here... Just curious what investment options are offered for the 15% DC into our 401k? What brokerage is it and do they offer a s&p 500 index or a total stock market index? Ticker? Thanks!
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Originally Posted by TurbineDriver
(Post 1895600)
New hire here... Just curious what investment options are offered for the 15% DC into our 401k? What brokerage is it and do they offer a s&p 500 index or a total stock market index? Ticker? Thanks!
The broker is Fidelity. The DC money can be invested in all the same options as money you contribute from your pay. As of last year, the money is all combined. Yes, there is the S&P 500 index. There are quite a few other "core" options as well. Bond funds, money market funds, "target date" retirement funds, etc. etc. There is also a "brokerage link" option that lets you invest in nearly any way you dare. Individual stocks, Puts/Calls, nearly any mutual fund, ETFs, gold, silver, and all the rest. There ARE some restrictions but they are what most of us would consider highly exotic investments. If you have to ask, stay away. :D Good luck. |
TA reached! Just got the email.
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Originally Posted by washingtonpilot
(Post 1895636)
TA reached! Just got the email.
Sent from my iPhone using Tapatalk |
Get the popcorn.
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Originally Posted by bohicagain
(Post 1895639)
I wonder who caved
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Originally Posted by Check Essential
(Post 1895616)
No expert here but I'll take a crack.
The broker is Fidelity. The DC money can be invested in all the same options as money you contribute from your pay. As of last year, the money is all combined. Yes, there is the S&P 500 index. There are quite a few other "core" options as well. Bond funds, money market funds, "target date" retirement funds, etc. etc. There is also a "brokerage link" option that lets you invest in nearly any way you dare. Individual stocks, Puts/Calls, nearly any mutual fund, ETFs, gold, silver, and all the rest. There ARE some restrictions but they are what most of us would consider highly exotic investments. If you have to ask, stay away. :D Good luck. Just a small correction, you can't trade put and/or call options as an individual trade but you can sell covered call options, using stock in your portfolio as an income strategy. |
With this $30mil grievance payout, do you think we could just have a drawing and ten random pilots get to retire early with $3mil a piece? This sounds better to me than just getting $30mil/12600 pilots, or however the numbers work out.
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Originally Posted by siuflightboy
(Post 1895943)
With this $30mil grievance payout, do you think we could just have a drawing and ten random pilots get to retire early with $3mil a piece? This sounds better to me than just getting $30mil/12600 pilots, or however the numbers work out.
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Originally Posted by siuflightboy
(Post 1895943)
With this $30mil grievance payout, do you think we could just have a drawing and ten random pilots get to retire early with $3mil a piece? This sounds better to me than just getting $30mil/12600 pilots, or however the numbers work out.
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