Author Topic: 401K plan  (Read 2917 times)

0 Members and 1 Guest are viewing this topic.


  • Permanent Resident
  • *****
  • Posts: 412
  • Gender: Male
    • View Profile
  • Affiliations: AEA
  • Experience: Professional
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?

Heath Belden

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