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19 Apr '24How Do Microsoft Employees Invest for Retirement? Updated
Continue readingIn unraveling the investment tapestry of Microsoft employees’ retirement portfolios, the Department of Labor (DoL) furnishes crucial insights through the annual filings of Form 5500 by 401(k) plan sponsors, offering a panoramic view into the investment choices shaping their financial futures. Deciphering the Investment Landscape Shares in Microsoft stock (MSFT) stand as a cornerstone […]
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22 Nov '23IBM 401(k) Plus Plan Changes!
Continue readingIBM 401(k) plan changes coming in 2024. The technological behemoth recently announced a significant change to its employee retirement benefits that has sent ripples through its workforce. Effective January 1, 2024, the company plans to bid farewell to its longstanding 5% matching contributions and 1% automatic contributions to employees’ 401(k) accounts. Instead, IBM will usher […]
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09 Aug '23Retirement Investing: Meta Platforms Employees
Continue readingHow do Meta Platforms (i.e., Facebook) employees approach retirement investing? Meta offers a 401(k) retirement savings plan for its ~65,000 employees. Employees can choose to contribute a portion of their income to the plan. But which investments do Facebook employees pick as retirement investments? What is a 401(k) Retirement Savings Plan A 401(k) plan […]
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26 Jul '23Oracle Employee’s Retirement Investments
Continue readingWhat are Oracle employee’s retirement investments? Oracle offers a 401(k) retirement savings plan for its ~79,000 employees. Employees can choose to contribute a portion of their income to the plan. But which investments do Oracle employees pick as retirement investments? What is a 401(k) Retirement Savings Plan A 401(k) plan is a retirement savings […]
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19 Jul '23Unique Employee Benefits-Apple, Facebook, Google & Microsoft
Continue readingLarge technology companies in the U.S. offer a range of employee benefits to support workers and maintain a positive environment. Each company’s benefits package includes both standard offerings (health insurance, PTO, etc.) and unique perks. Here are some of the unique employee benefits provided by four of the largest tech employers: Google (Alphabet Inc.) […]
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12 Jul '23Retirement Investments of Dell Employees
Continue readingWhat are Dell Technologies employee’s retirement investments? Dell offers a 401(k) retirement savings plan for its ~63,000 participants. Employees can choose to contribute a portion of their income to the plan. But which investments do Dell employees pick as retirement investments? What is a 401(k) Retirement Savings Plan A 401(k) plan is a retirement […]
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28 Jun '23How IBM Employees Invest for Retirement
Continue readingHow do employees at IBM choose to invest for retirement? IBM offers a 401(k) retirement savings plan (the IBM 401(k) Plus Plan) for its ~167,000 participants. Employees can choose to contribute a portion of their income to the plan. But which investments do IBM employees pick as retirement investments? What is a 401(k) Retirement […]
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14 Jun '23How Salesforce Employees Invest for Retirement
Continue readingHow do tech workers at Salesforce choose to invest for retirement? Salesforce offers a 401(k) retirement savings plan for its ~50,000 employees. Employees can choose to contribute a portion of their income to the plan. But which investments do Salesforce employees pick as retirement investments? A 401(k) retirement savings plan is a type of defined […]
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24 May '23How Tesla Employees Invest for Retirement
Continue readingTelsa offers a 401(k) retirement savings plan for its 60,000+ employees. Employees can choose to contribute a portion of their pre-tax or after-tax income to the plan. But how do Tesla employees invest for retirement? A 401(k) retirement savings plan is a type of defined contribution plan. The Tesla plan allows for matching contributions, but […]
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20 Apr '23Tech Layoffs – What About My 401(k)? Rollover?
Continue readingA 401(k) rollover might be the right decision after a layoff, but not always. Layoffs at big tech companies have become commonplace lately. If you are caught up in a downsizing, among many challenges, you have a decision your retirement account. Most 401(k) plans allow you to keep your account at your former employer. Or […]
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14 Apr '23Employee Stock Options – The Basics
Continue readingStock options are a form of equity compensation that technology companies often offer to their employees. Stock options give employees the right, but not the obligation, to buy a certain number of company shares at a predetermined price, known as the “strike price” or “exercise price,” within a specified time period, known as the “vesting […]
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07 Mar '23How Google Employees Invest for Retirement
Continue readingGoogle offers a 401(k) retirement savings plan for its employees, which is a type of defined contribution plan. Employees can choose to contribute a portion of their pre-tax or after-tax income to the plan, and Google matches a percentage of those contributions, up to a certain amount. Form 5500 lists the investments Google 401(k) plan […]
