Thread regarding Intel Corp. layoffs

CPM folks: APB & 401k deduction

I wanted to adjust %APB deducted for 401k.
But I can't access future contributions any more thru Fidelity.
Is APB payout still eligible for 401k deduction?

by
| 1281 views | | 6 replies (last January 3, 2025) | Reply
Post ID: @OP+1jgn6vw6z

6 replies (most recent on top)

Wouldn't be surprised if one ERPs return as green badges after their 70 weeks of paid vacation ends. Intel is still filling their coffers, quarter after quarter.

by
| | Reply
Post ID: @de+1jgn6vw6z

Severance package says that APB will be given by Mar 15. It's pro-rated to # months worked in 2024. But it sounds like there's no 401k deduction - like the separation pay given last year.

by
| | Reply
Post ID: @cw+1jgn6vw6z

@ck+ the op has secret arrangements 😏

by
| | Reply
Post ID: @cs+1jgn6vw6z

You no longer work for Intel. Are you expecting a bonus in 2025?

by
| | Reply
Post ID: @ck+1jgn6vw6z

Once you have separated from Intel, you are no longer eligible to contribute to 401k

by
| | Reply
Post ID: @cc+1jgn6vw6z

There are two Fidelity apps. Netbenefits app allows change.

by
| | Reply
Post ID: @a7+1jgn6vw6z

Post a reply

: