Although many Lockheed Martin employees have not been affected by the many layoffs due to the COVID-19 pandemic, friends, family and co-workers might have been. Another aerospace giant - Boeing laid almost 7,000 workers in late May. Feel free to pass this info along [...]
Lockheed ESOP Plan: What is Net Unrealized Appreciation (NUA)? (Note: See January 2020 update in italics below) For many years, Lockheed Martin has rewarded its employees with LMT stock in the company ESOP plan. The longer those employees have worked for the company, the more they've seen that LMT [...]
No one likes baggage. And you definitely don’t like baggage that keeps sending you a reminder every month that you left that old 401k at your old job. So what should you do with your 401k that you left behind at your previous employer? You do have a few [...]
Have you retired and need to access your Lockheed Martin 401k? It's not as difficult as you think to get it started. First, you want to examine your options for your 401k account. If you decide rolling over your 401k account is the best option for you, then this [...]
Concerned about your Lockheed Martin retirement decision? If you're considering moving from accumulating retirement assets to spending them - and you're not sure what to do with your 401k, I hope this article will help. If you are close to retirement, you are most likely one of the lucky [...]
