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Wait till your 401k matching is FROZEN





Wait till your 401k matching is FROZEN   

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Author: Due to ch 11 for months    Date: 11/30/2023 7:37:50 AM  +0/-0   Show Orig. Msg (this window) Or  In New Window

Ask the PHI Folks.  There matching was frozen by the company for up to 6-7 months during CH11.  you could add to it but the company wasn't allowed to match your 401k due to the CH 11 Restructuring.  FACT.  I was there during This time.  Oh and wait there in more!!! PHI then said well we will only match 3% now.  IF you slaves work hard enough, and work hard enough then at years end if we make goal we will match the other 3%. If not then loss on you.  Their goal was to get more productivity out of the employees to work for that incentive.  Kinda zhiiiiity 

 
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AMC has best 401k over GMR Metro and PHI. 70% on first 8% (NT) +1/-1 Winning 11/29/2023 1:00:19 PM