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Pru 401(K) just started showing up in paycheck?
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<blockquote data-quote="Jackburton" data-source="post: 1531575" data-attributes="member: 34538"><p>UPS isn't adding new hires in the 401K automatically because they care about your future. UPS Hourlies receive a pension, and to some, makes 401k irrelevant. This poses a problem for UPS higher managment as they are restricted to contributing amounts to their own 401k unless they meet a threshold of lower tier employees participation in the company. You can read more on HCE rules for 401k here</p><p><a href="http://www.401khelpcenter.com/mpower/feature_030702.html#.VOaweYY8LCR" target="_blank">http://www.401khelpcenter.com/mpower/feature_030702.html#.VOaweYY8LCR</a></p></blockquote><p></p>
[QUOTE="Jackburton, post: 1531575, member: 34538"] UPS isn't adding new hires in the 401K automatically because they care about your future. UPS Hourlies receive a pension, and to some, makes 401k irrelevant. This poses a problem for UPS higher managment as they are restricted to contributing amounts to their own 401k unless they meet a threshold of lower tier employees participation in the company. You can read more on HCE rules for 401k here [URL]http://www.401khelpcenter.com/mpower/feature_030702.html#.VOaweYY8LCR[/URL] [/QUOTE]
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Pru 401(K) just started showing up in paycheck?
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