For my laid off IPG Health folk who’s last day is 12/31, what are you doing with your Empower Retirement? They just sent a companywide email out about the new Omc plan. How’s much money am I going to lose transferring over to Fidelity? OMG. Now they’re effing with my retirement!!!!

likehelpful
Posting as :
works at
You are currently posting as works at

If your last day is 12/31 it doesn’t matter. They aren’t switching anything until 1/01. If you no longer work at company the empower funds will stay where they are until you get new job and transfer it

likesmarthelpful

You shouldn’t lose anything in the rollover. I don’t know what the Omnicom options are-doesn’t matter to me as I’ve been excessed
out. I’m rolling mine over into an IRA of my choosing.

likesmart

Yeah, just roll over into your own brokerage IRA. They’re not transferring our retirement accounts to Fidelity until Q2 (stated in email)

likehelpful

You’re not going to lose anything. I’m in the same boat. Many things to worry about, but this isn’t one of them.

like

Just rollover to your own personal IRA at Vanguard

like

Is OMC still with fidelity? (Former omnicom here).

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