Starbucks Baristas: The daily grind
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When will 401k contributions appear in my Fidelity account? (self.starbucksbaristas)
submitted by bookerbbq
I just hit eligibility for the 401k and see in my paystub that money was deducted for it this last check, but my Fidelity account still shows a balance of $0.00. When will that appear?
Though I’m obviously not gonna touch the money right now anyways, I’m curious when it’ll be invested and I’d like to be able to see what the company matched from my contribution. Thanks in advance for any answers!
Though I’m obviously not gonna touch the money right now anyways, I’m curious when it’ll be invested and I’d like to be able to see what the company matched from my contribution. Thanks in advance for any answers!
fennekinsfox 2 points 1y ago
was this your first paycheck with a 401k deduction? I don’t know the exact timeline that it shows up, but it should be within the next week. It takes a couple business days to process. The company matches up to 5%. So if you put 3%, they put 3%. If you do 8% they just go up to the 5%. Hope this helps ☺️
bookerbbq [OP] 2 points 1y ago
It does help! Thank you! It was my first check with a deduction. I opted for 12%, so they will match the full 5 I reckon. I’m excited to see it start adding up.
jpnotaru15 1 points 1y ago
For me, it appears in the account the Wednesday or Thursday of the following week each time. Subsequent contributions have not been any faster for me than the very first.
I'm not sure why Starbucks takes so long, as other places I've worked have it appearing directly on the date of pay.
I'm not sure why Starbucks takes so long, as other places I've worked have it appearing directly on the date of pay.
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