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Brown Cafe UPS Forum
UPS Union Issues
401K info please
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 703497" data-attributes="member: 12570"><p>The company never matched contributions for hourly employees but did pay the fees associated with the 401k. If you signed up last Peak you should still be an active participant. Simply go to the website (<a href="http://www.teamsterups401kplan.com" target="_blank">www.teamsterups401kplan.com</a>), log in and look around. I would suggest going through the tutorial that they have on the site. When you are ready to start your contributions, click on the blue highlighted PLAN link. On the left hand side you will see a column with a number of choices. Scroll down to Future Money, Contribution Rate. Click on that. Go to Employee Pre Tax and you will be asked to put in whole number percentage between 1 and 35. Put whatever number you feel comfortable contributing. I would suggest 5% to start but the decision is completely yours. The decision as to which fund(s) you wish to have your contributions allocated to is also completely your own and depends upon a myriad of factors. This is why I suggest that you go through their tutorial first. </p><p> </p><p>Let me know if you were able to get to this point or if you need more help. Dave.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 703497, member: 12570"] The company never matched contributions for hourly employees but did pay the fees associated with the 401k. If you signed up last Peak you should still be an active participant. Simply go to the website ([URL="http://www.teamsterups401kplan.com"]www.teamsterups401kplan.com[/URL]), log in and look around. I would suggest going through the tutorial that they have on the site. When you are ready to start your contributions, click on the blue highlighted PLAN link. On the left hand side you will see a column with a number of choices. Scroll down to Future Money, Contribution Rate. Click on that. Go to Employee Pre Tax and you will be asked to put in whole number percentage between 1 and 35. Put whatever number you feel comfortable contributing. I would suggest 5% to start but the decision is completely yours. The decision as to which fund(s) you wish to have your contributions allocated to is also completely your own and depends upon a myriad of factors. This is why I suggest that you go through their tutorial first. Let me know if you were able to get to this point or if you need more help. Dave. [/QUOTE]
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