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Wiley or Gleim which one is better?
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what you buying?
11 likes please!
Wiley or Gleim which one is better?
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My last day is coming up shortly. I called the benefits number and they explain it really well. Once you’re “terminated” in the hr system - 1-2 pay periods after your last day- you can look to move the pension current balance (both a and b) to an IRA. But if you don’t move it in 6 months, then you can’t access it unless ey tries to buy you out.
Rising Star
Thank you. This actually helps me out!
Rising Star
There are a lot of factors involved. Ask for a breakdown of your payment. The post 2016 plan only contributes like 2-3% per year of your salary with a 4% interest rate.
Other companies like PwC allow you to invest your pension amount in the stock market like a 401k so assuming they were heavy in equities, they could have been getting 20-30% returns the past 5 years while you only got 4%.
If you invested your "pension" see if it's actually a pension or defined benefit plan vs just defined contribution
Differences in contribution rates and interest rates and compensation that the contribution rate can equate to significant differences over a 5-10 year timeframe.
It is heavily dependent on your age. Beginning of career, 20k sounds reasonable. End of work career, not so much.
Rising Star
My last day is Friday. Is this something I should call fidelity about? No one has mentioned it lol
Fidelity has nothing to do with the pension (defined benefit) only the 401k.