Author Topic: 401K plan  (Read 2088 times)

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hbelden

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401K plan
« on: Oct 14, 2005, 06:30 pm »
I had a 401K plan back when I had a day job.  I don't know much about it, but it did give me a couple of hundred dollars when I quit and cashed it in.

What's the deal with AEA's 401K plan?  Which employers contribute matching funds?  What are the pros of setting one up?  Are there any cons - like for instance, if I need cash now to pay down a credit card or a car loan or something.  What about if I don't have a theatre job for a few months?  What happens to it then?

Vernon, I saw you were part of the WCLO contract negotiation that secured this for us.  Can you give us the highlights?

Thanks,
--
Heath Belden

"I'm not good, I'm not nice, I'm just right." - Sondheim
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