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Anyone see the email about the 401k funds changing names?
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<blockquote data-quote="The Jeep Driver" data-source="post: 5972314" data-attributes="member: 50075"><p>I spoke with Empower this morning. The Teamster-UPS 401K Plan is set up to prevent any rollovers until the participant leaves the company. Period. </p><p>I was reading more about our investment options last night. As I understand it, the ESG and DEI investments that BlackRock is so fond of are not available in Index Funds. Index Funds by definition have to aim to match the performance of an index, a list of stocks usually published by a third party. It looks as though our 401K has three of those; the S&P 500, the S&P MidCap 400, and the Russell 2000. I do not know what the retirement-age-based funds are considered. And I still don't know what I'm going to do, but thinking towards moving into one of the Index Funds.</p></blockquote><p></p>
[QUOTE="The Jeep Driver, post: 5972314, member: 50075"] I spoke with Empower this morning. The Teamster-UPS 401K Plan is set up to prevent any rollovers until the participant leaves the company. Period. I was reading more about our investment options last night. As I understand it, the ESG and DEI investments that BlackRock is so fond of are not available in Index Funds. Index Funds by definition have to aim to match the performance of an index, a list of stocks usually published by a third party. It looks as though our 401K has three of those; the S&P 500, the S&P MidCap 400, and the Russell 2000. I do not know what the retirement-age-based funds are considered. And I still don't know what I'm going to do, but thinking towards moving into one of the Index Funds. [/QUOTE]
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Anyone see the email about the 401k funds changing names?
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