Additional Information on AT&T Stock in Frontier 401(k)

Important information about your AT&T stock in your Frontier 401(k) savings plan:    Frontier is making changes in the 401(k) plan that requires action from our members.  Information has been shared by Frontier related to an action required by each member who has AT&T shares in their 401(k) plan at Frontier. It is critically important that each member call Fidelity and follow the necessary steps to make the best decision based on their own individual needs. Frontier is in the process of scheduling employee meetings with Fidelity at the workplace to help with this transition information on the scheduling of those meetings will be sent directly to our members at work. As a reminder the union bargained the retention of AT&T shares during the acquisition in lieu of be required to cash them out the time. Frontier is exercising its right under the SPD to make changes in the 401(k) plan. Frontier has made the decision to eliminate all AT&T and Verizon stock from their 401(k) plans which requires members to take action. Please call Fidelity and attend the employee sessions to ensure you are making the best decision based on your own personal needs.   Dave Weidlich President CWA 1298 203 288.5271 CLICK HERE TO SEE ORIGINAL POST