Does Blackrock have a better 401k option than UPS/Teamsters 401k?

Over70irregs

Well-Known Member
You remind me of a timeshare sales agent . Buy now or you’ll regret it forever.
Actually you are not far off. Bitcoin is time conservation with the exception it’s liquid. Timeshares are centralized and confining. Also you can mine it or trade useless nonused crap around your house taking space in your garage. I cashed in coins collected from years of on route lunch buys.
 

Over70irregs

Well-Known Member
Last picture is us in the corner of 1Trillion being diluted.
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Darmark7

Retired 2020. Not my Problem Anymore!
Just received this in my email. Looks like Blackrock is taking over the 401K.

Your Teamster-UPS National 401(k) Tax Deferred Savings Plan (“the Plan”) is an important part of your long-term financial strategy. That is why the Board of Trustees of the Teamster-UPS National 401(k) Tax Deferred Savings Plan regularly reviews and sometimes changes the Plan’s investment options so you may continue to select from a competitive range of investment options.
As a result of a recent review, we are announcing fund changes effective Friday, August 23, 2024, after 4:00 PM ET, as well as changes to the Plan’s self-directed brokerage option.

Please read the notice linked in this email in its entirety.



 

pkgdriver

Well-Known Member
Just received this in my email. Looks like Blackrock is taking over the 401K.

Your Teamster-UPS National 401(k) Tax Deferred Savings Plan (“the Plan”) is an important part of your long-term financial strategy. That is why the Board of Trustees of the Teamster-UPS National 401(k) Tax Deferred Savings Plan regularly reviews and sometimes changes the Plan’s investment options so you may continue to select from a competitive range of investment options.
As a result of a recent review, we are announcing fund changes effective Friday, August 23, 2024, after 4:00 PM ET, as well as changes to the Plan’s self-directed brokerage option.

Please read the notice linked in this email in its entirety.



Skimmed over the changes about an hour ago. Will go through more throughly later. The Black Rock Russell 2000 index expense ratio appears to have doubled. Self managed will be down/frozen for a few days in early Sept during change to Empower.
 

Over70irregs

Well-Known Member
Just received this in my email. Looks like Blackrock is taking over the 401K.

Your Teamster-UPS National 401(k) Tax Deferred Savings Plan (“the Plan”) is an important part of your long-term financial strategy. That is why the Board of Trustees of the Teamster-UPS National 401(k) Tax Deferred Savings Plan regularly reviews and sometimes changes the Plan’s investment options so you may continue to select from a competitive range of investment options.
As a result of a recent review, we are announcing fund changes effective Friday, August 23, 2024, after 4:00 PM ET, as well as changes to the Plan’s self-directed brokerage option.

Please read the notice linked in this email in its entirety.



Whoa… too much centralized power for one company. Anyone noticed they said screw the Stable Value fund? They know something….. This is dominoes falling..Damn….
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