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401k Information
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<blockquote data-quote="The Cowboy" data-source="post: 129034" data-attributes="member: 6730"><p><span style="font-family: 'Arial'">You should receive a password from the union that allows you to access the 401(k) site. Enroll on that site - you can enroll in the 401(k) immediately. The 401(k) site also has information on the funds that are available; most are index funds run by State Street Global Advisors (SSgA). All of the funds have very low internal fees and are designed to replicate a particular index.</span></p><p> </p><p><span style="font-family: 'Arial'">THe stock purchase plan is entirely separate. You are eligible for enrollment after 6 months of employment. You can purchase up to $10,000 in stock - you buy it at a 10% discount and must hold it at least two years.</span></p></blockquote><p></p>
[QUOTE="The Cowboy, post: 129034, member: 6730"] [FONT=Arial]You should receive a password from the union that allows you to access the 401(k) site. Enroll on that site - you can enroll in the 401(k) immediately. The 401(k) site also has information on the funds that are available; most are index funds run by State Street Global Advisors (SSgA). All of the funds have very low internal fees and are designed to replicate a particular index.[/FONT] [FONT=Arial][/FONT] [FONT=Arial]THe stock purchase plan is entirely separate. You are eligible for enrollment after 6 months of employment. You can purchase up to $10,000 in stock - you buy it at a 10% discount and must hold it at least two years.[/FONT] [FONT=Arial][/FONT] [/QUOTE]
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