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On January 1, 2022, FedEx will introduce a 401(k) plan called the FedEx Corporation Retirement Savings Plan II (RSP II). You will participate in this new plan because you either: • Were hired, rehired or transferred from a company that didn’t offer a pension plan after 2019.
Read more about your investment choices at retirement.fedex.com/investing-for-retirement. To learn which retirement benefit structure you participate in, go to vanguard.com/retirementplans or contact Vanguard Participant Services at 1.800.523.1188 (toll-free).
FedEx retirement benefits are based on formal plan documents. While this content is intended to be accurate, the benefits discussed here are subject to the detailed provisions of the applicable plan documents.
The U.S. Postal Service participates in three retirement plans: the Civil Service Retirement System (CSRS), the Federal Employee Retirement System (FERS), and the Postal Service Retiree Health Benefits Fund (PSRHBF).
By participating in the TSP, postal and other federal workers have an opportunity to save part of their pre-tax income for retirement — and receive matching contributions from the Postal Service. You can decide how much of your pay to put in your TSP account, which funds to invest it in, and how you want to receive your money when you retire.
Meet your savings and retirement goals by maximizing contributions to your retirement savings plan in 2024. Get Started. Designed to help you save. The Contribution Maximizer Tool is designed to help you save as much as possible this year in the FedEx PRSP 401 (k) Plan without missing out on employer contributions.
ystem (FERS), the retirement program that covers most USPS employees. Like many of the 401(k) savings plans ofered by private-sector employers, the TSP allows federal employees to save pre-tax dollars each month in an investment account; this gives letter carriers.