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Recently Store Managers have been offering me jobs from different locations but same company in my town. The company is T-Mobile. It’s going to be my first job. I have a couple questions for any former/current employees. Is it better to work for T-Mobile, metro by T-Mobile, or a third party T-Mobile? Any difference in benefits or wage? Thanks
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I’ve got a friend from industry that deferred a significant portion of his income. His company went bankrupt unexpectedly and his money went with it. He’s in court trying to recover it. I believe my company’s plan is protected, but I’d be certain yours is. The other feature I would check is the distribution policy when you do leave the firm. Generally I believe it’s very short duration, 1-3 years. Depending on how you think taxes will move - up, down or flat - that should be factored into you decision.
I took a look at IBM’s plan (friend went there) - VP level. I read through it - seems like if IBM went bankrupt, you might get screwed as it was just a liability on the balance sheet. Hopefully your plan is different/better.
Actually it is IBM. Almost all deferred are treated the same way