Starbucks Baristas: The daily grind
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How would being fired effect my benefits with school, health care, 401k, and the Starbucks stocks we have? (self.starbucksbaristas)
submitted by MeowStyle44
Would those still be good until the end of the month or can they be cancelled asap? Would Starbucks take away the stocks they gave me? What are the drawbacks of getting fired besides ruining your relationship with the company?
jpnotaru15 3 points 1y ago
Regarding your 401k, it doesn’t get taken away. Your contributions are yours, and the Starbucks matching contributions are also yours because they vest immediately.
After a period of time and depending on your balance, you may be required to roll over the 401k to a personal IRA or another 401k (if you get another job that offers one).
For the love of god, do not withdraw or cash it out. Roll it to an IRA or another 401k.
After a period of time and depending on your balance, you may be required to roll over the 401k to a personal IRA or another 401k (if you get another job that offers one).
For the love of god, do not withdraw or cash it out. Roll it to an IRA or another 401k.
KaleSalad201 1 points 1y ago
Stocks can only be cashed out in November so if you’re fired before then you lose them
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