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Lockheed workers retire early to dodge stock crash losses
More than 200 Lockheed employees retire this week to withdraw 401k savings at pre crash prices. Those leaving before Oct 30 protect against a 25 percent market drop, with some long-tenured workers potentially holding up to $500,000 in the plan.
MENTIONED IN THIS ARTICLE
San Jose
Calif
Lockheed Corp
Lockheed Missiles & Space Co
Sunnyvale
Lockheed
Waldo Silver
Lockheed’s
Silver