Pinnacle 401K
07-15-2010 | 01:22 PM
#4
Line Holder
Joined: Feb 2006
Posts: 36
Likes: 0
From: B-737 FO
You can contribute the max according to law ($16,500 for 2010 for those under 50). The match is insignificant. If you put in the maximum amount every pay check you'd get about $20 a month in matching funds. Your own contributions are of course vested immediately. The company contributions I think take 5 years to vest. That's a long time to wait for $20.
07-15-2010 | 01:50 PM
#5
Banned
Joined: Apr 2008
Posts: 444
Likes: 0
Its a joke.
6 months – 5 years - company match 25% of 5%
6 – 9 years 40% of 6%
10 – 12 years 60% of 7%
13 years or more 70% of 7%
Fully vested after 5 yrs.
Only good thing is the Fidelity Spartan Index funds. Then there is the brokerage link for all those who 'think' they can beat the market...
6 months – 5 years - company match 25% of 5%
6 – 9 years 40% of 6%
10 – 12 years 60% of 7%
13 years or more 70% of 7%
Fully vested after 5 yrs.
Only good thing is the Fidelity Spartan Index funds. Then there is the brokerage link for all those who 'think' they can beat the market...
07-15-2010 | 03:14 PM
#6
Thread Starter
Gets Weekends Off
Joined: Jul 2006
Posts: 614
Likes: 0
Its a joke.
6 months – 5 years - company match 25% of 5%
6 – 9 years 40% of 6%
10 – 12 years 60% of 7%
13 years or more 70% of 7%
Fully vested after 5 yrs.
Only good thing is the Fidelity Spartan Index funds. Then there is the brokerage link for all those who 'think' they can beat the market...
6 months – 5 years - company match 25% of 5%
6 – 9 years 40% of 6%
10 – 12 years 60% of 7%
13 years or more 70% of 7%
Fully vested after 5 yrs.
Only good thing is the Fidelity Spartan Index funds. Then there is the brokerage link for all those who 'think' they can beat the market...
07-15-2010 | 04:11 PM
#7
Gets Weekends Off
Joined: Sep 2006
Posts: 2,613
Likes: 8
From: Bus driver
XJ does have a better 401K. We do have the brokerage link option which allows you to buy any stock/etf/mutual fund with the exception of PNCL. We are not Safe Harbor but it is a goal. Currently you cannot max out the 401K without a check back the following January due to the Highly Compensated Employee language.
In terms of benes- 9E has the insurance, XJ has the 401K.
In terms of benes- 9E has the insurance, XJ has the 401K.
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