The 88Sears 401k Plan
If you are just starting your career with Sears or Kmart, then retirement might not be something that you are thinking of at this point in your career. But those who have been with the company for several years now, then you should check out the 88Sears 401k plan.
What is a 401k Plan?
In general, the 401k plan is actually a retirement plan which the employees would pay for themselves by means of a payroll deduction. If you want to know the specific details about this, then all you need to do is to log in to www.88Sears.com and access 88Sears 401k plan.
The money that the company has deducted out of your payroll will be contributed to a company that handles the 401k plan. Take note that there are lots of options available for you when you decide to contribute for the 401k plan
Keeping Track of the 401k Plan
Although your 401k plan is not administered directly by Sears, the company also provides information about this to the employees through the 88Sears 401k plan section of www.88Sears.com. This is basically the human resource web portal of Sears where employees will have access to their payroll, benefits, etc.
Why Track your 401k Plan
There are various reasons why employees would want to keep track of their 401k plan from Sears. But perhaps others just want to see to it that they got enough money for their retirement and that the money that they have been working hard for is growing. Through the 88Sears 401k plan, the employee will be able to see how much money they have already contributed to their 401k plan. This will give them an idea on how much they could be expecting to receive the moment they decide to leave the company and retire. If you notice that there are discrepancies on the information posted at your 88Sears 401k plan, then you better contact the human resources department right away.