FedEx is closing its pension plan to new U.S. hires starting next year, joining the ranks of large U.S. companies phasing out guaranteed retirement benefits
FedEx Corp. is closing its pension plan to new U.S. hires starting next year, joining the ranks of large U.S. companies phasing out guaranteed retirement benefits.
The shipping giant instead will launch a new 401 plan at the start of 2021 with a higher company match. Under the new plan, FedEx will contribute up to 8% of employee salaries, if employees contribute 6% of their salary.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
How FedEx Cut Its Tax Bill to $0WASHINGTON -- In the 2017 fiscal year, FedEx owed more than $1.5 billion in taxes. The next year, it owed nothing. What changed was the Trump administration&39;s tax cut -- for which the company had lobbied hard.The public face of its lobbying effort, which included a tax proposal of its own, was FedEx
Leer más »
FedEx CEO to New York Times after tax-bill exposé: Debate me, bro!FedEx Corp. Chief Executive Fred Smith had a curious response to a New York Times report that detailed how the delivery giant cut its tax bill to zero:...
Leer más »
Bernie Sanders, Elizabeth Warren call out FedEx, Trump tax cuts after company pays $0Senators Bernie Sanders and Elizabeth Warren both blasted FedEx and President Donald Trump's 'corporate elite' tax cuts for allowing the courier giant to avoid paying any federal taxes.
Leer más »
Here's how FedEx will fly giant panda Bei Bei to China via its 'Panda Express'A FedEx plane will soon take a 15-plus hour flight from the U.S. to China. Its cargo: one giant panda, supplies and plenty of snacks.
Leer más »
FedEx CEO challenges the New York Times to a debate after critical storyFedEx CEO Fred Smith has challenged the New York Times to a public debate after the newspaper published a critical story about his company's taxes
Leer más »