401k

Discussion in 'Jevic Transportation' started by notneb, May 30, 2008.

  1. notneb

    notneb Member

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    I'm getting lost in all these threads. Anyone out there have any up to the day/minute info on the status of our 401k accounts? And just how can fidelity hold my cash when i want to pull it out? Just curious.
     
  2. longhaul

    longhaul Member

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    Call fidelity up and ask them. I know u probably have already but u have to get to the right person.
     
  3. notneb

    notneb Member

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    who might that be??
     
  4. longhaul

    longhaul Member

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    Employer Sponsored Benefit Plans
    NetBenefit Accounts: 401(k)SM 403(b), 457, health plans, pension and HR/payroll

    Speak with a representative ..........................................................
    800-835-5097

    Brokerage, Mutual Fund, and Retirement Accounts
    Speak with a representative ..........................................................
     
  5. localdriver

    localdriver Member

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    You can check on the fidelity website. when you go into your account just check on the side bar for withdraws and rollovers available.
    Once it show's how much is available for withdraw, you may roll it over. I have had luck with assistance in the evening with the reps.. they are understanding and only can give you info thats available to them. so be patient with them, their only doing what they can do.
     
  6. notneb

    notneb Member

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    thnx for the help guys. I was also wondering if anyone could tell me what the "casino cash" on the right side of the screen is for. Thnx
     
  7. BigSnap

    BigSnap New Member

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    Have you been able to rollover or withdrawal your money yet. The only person I know of was 100% vested and of retirement age. I have called fidelity 3x and have been told they can't do anything until Jevic says we are no longer employees. Thanks in advance.
     
  8. xeastend

    xeastend Active Member

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    Look up top in the menu bars.See casino?
    Just what you think it is.I have no clue how to add credits to it
     
  9. Carolina Cowboy

    Carolina Cowboy Member

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    You add money to the casino cash every time you post on a thread. I think it adds 2 dollars each time. Its fake money to play in the casino for fun. You're not actually going to be able to gamble for real money.
     
  10. longhaul

    longhaul Member

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    thought it was our Jevic bonus
     
  11. Carolina Cowboy

    Carolina Cowboy Member

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    :hysterical::biglaugh::roll1::rofl2:
     
  12. notneb

    notneb Member

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    Hey Jim Armando,

    What about releasing the 401k's that are already 100% invested, considering most of us are invested 100% already. I guess that would be the right thing to do to those drivers/employees that have been with the company for over 7 years!
    Thanks.....many are having issues applying for unemployment since the company is dragging their feet on verifying employment! Some are going to need the money to cover medical insurance coverage and bills.
     
  13. longhaul

    longhaul Member

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    remember u loose about 40 per cent if u take early withdrawl. 10% penalty, plus taxes.
     
  14. notneb

    notneb Member

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    Yeah we know that most have a 20% lose but there are certain circumstances where there is no penalty and I happen to fall in one of those circumstances.
     
  15. teresa@merrill

    teresa@merrill New Member

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    The SPD or Summary Plan Document will help you figure out what your options are with your 401(k). If you have any questions, I can walk you through it. My number is 215-587-4697. I have been working with Jevic employees for the past 3 weeks to help see what you'll actually get and when you can get it. For many people it is still "frozen."

    Also, there may be some surprises for a few people depending on how long you worked at Jevic for.
     
  16. dockhand

    dockhand New Member

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    how , send me a pm if u need to
     
  17. star

    star Member

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    I'll take that info on using the 401k for medical purposes to if you don't mind.. we had to reschedule my daughter's surgery due to losing the insurance
     
  18. teresa@merrill

    teresa@merrill New Member

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    star and dockhand, i am more than happy to review the "rules" on 401(k)s and penalties with you.

    teresa
    215 840 4749
     
  19. notneb

    notneb Member

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    Just so everyone knows the plan was officially terminated today June 13, 2008. See the website for specific information! For those who were wondering if there was ways to avoid the penalty.....mine being related to disability, being over 59 1/2.
     
  20. 7of9

    7of9 Member

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    I am not surprised, Jevic has seen to it that all of would get screwed in the end. I was not vested so I am going to get less...especailly less due to the markets and the price of fuel. Wake up America, we are getting screwed
     

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