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Did I miss something about 401K match - ?

Posted: Mar 13, 2012

Did we get an email about them matching now? I didn't get one and I've seen some posts on here about it. If so, can someone tell me the date they got the email? Thanks

me either - no mail

[ In Reply To ..]
Maybe you have to be full time?

I am full time - ?

[ In Reply To ..]
I just saw the below posts and I haven't heard anything about this. Of course, I would be thrilled with any kind of match.

mine is dated 3/12 - slave wages

[ In Reply To ..]
How can you all afford to have more taken out of your check?

I am lucky i guess - ?

[ In Reply To ..]
I am a tier 3 full time, average about $31K a year. I only have 3% held out of each check which is about $35 every pay check. I am lucky though that I am on my husband's insurance so my only deduction is this one. It is not much, but over the last 9 years, with dividends and market gains, it has added up to just over $20,000. I just pretend like I don't even have that $70 or so a month and don't count it in my monthly budget for bill planning. So far it has worked out pretty good. I am a big believer in the 401K and even if you can only put $10 per check in, over time that will add up too.

Forgot to mention though - ?

[ In Reply To ..]
Back in the day when I was making $50K a year, I was having 20-25% put in, which boosted me up pretty fast, but now with the big pay cuts we have all had, I have had to take it down to 3%.

Got the email but - old and burned out

[ In Reply To ..]
the amount is so small it is a joke. True I am only part-time but I figure they will match about $30/year.

here is there mail dated 03/12 - mouse

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It is our pleasure to share with you today a preview of a few benefit changes we will be launching for all US-based employees. These changes are an important key step in the integration of all M*Modal companies. We've received your feedback through emails, surveys, and employee conversations regarding our 401k and benefit plan. I'm happy to announce we will be offering a 401K company match, 25% of the first 4% which will be reflected every pay period for those enrolled. The company match will be introduced during our Open Enrollment period and become effective on July 1, 2012. As a reminder, you can elect to enroll in our 40lk program at anytime throughout the year as long as you meet the program eligibility requirements. You can enroll by visiting the Merrill Lynch my Benefits website and following the prompts to create your account.

We also understand how important benefits are to you, so this year; we are focusing on improving our benefits portfolio. Our team is working hard on designing a benefit plan that meets the needs of all our employees, and as one output of that work, we are moving our benefit plan year from June 1 to July 1 2012. You will receive additional communications about this change shortly and look for further communications around the overall benefit enhancements in May during open enrollment.

These enhancements are another step in creating a culture of reward and recognition and attracting and retaining top talent. Please look for additional updates about benefits in the coming weeks and months

401K email - mouse

[ In Reply To ..]
their email, I meant. Just got through working and mind is fading fast, sorry.

Thank you so much - for sharing

[ In Reply To ..]
Don't know why I didn't get it, but I appreciate you posting it here for us! Thanks again.

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