Trojan Man
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Any one else notice that the employer match has not gone in yet for the 3rd quarter?
TForce | 401-k
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Greezy Trucker
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YEP!!!! Gotta check into it......
galaxy99dx
,,,,,dispatch
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Good luck finding anything out. I've called twice on this issue and both times have been told they would "look into it".
BusterNite
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Does anyone know if we can sell off some stock. Has anyone done this. I don't know what the company rules are regarding the sale of stocks that are matched into the 401k by UPS. From doing a little research on 401k with a company match in stock its a good idea to dump anything over 20% in stock.
galaxy99dx
,,,,,dispatch
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I dont think you can sell off the company match stock, but I do think you can convert the value into your asset allocations within the 401-k itself. Not sure if they make you hold it for a period of time first or not.
SusieRyder
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If you sell your company stock you can not purchase again for one year. (according to the booklet we got from UPS savings plans)
Maybe wrong, but the way I read it was that if you are 50 or over, then you take the stock and cash it out in your fund and move it to your other 401k funds. I could be wrong.
BusterNite
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Thanks, But Im not talking about the company stock purchase program. I am wondering if we can sell the stock that is matched by ups into the 401k. If it could be sold and added to the ballance of the 401k. keeping a maximum of 20% stock value in the 401k at all times?
Greezy Trucker
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You can't touch your company stock for two years....It's against the law....Insider trading and all.....