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Brown Cafe UPS Forum
UPS Retirement Topics
401K set up advice
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 1259607" data-attributes="member: 12570"><p>I noticed you were smart enough not to include the word <strong>guaranteed</strong> when you mentioned the pension.</p><p></p><p>My projected pension will be just over $60K/yr. If by chance our pension fund were to ever go bankrupt the PBCG would take over and my pension would be slashed by nearly 75%.</p><p></p><p>I'm glad you mentioned SS----my financial adviser and I are planning on me having my SS, which we will delay until I turn 67, directly deposited in to my investment account so that it can earn even more money</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 1259607, member: 12570"] I noticed you were smart enough not to include the word [B]guaranteed[/B] when you mentioned the pension. My projected pension will be just over $60K/yr. If by chance our pension fund were to ever go bankrupt the PBCG would take over and my pension would be slashed by nearly 75%. I'm glad you mentioned SS----my financial adviser and I are planning on me having my SS, which we will delay until I turn 67, directly deposited in to my investment account so that it can earn even more money [/QUOTE]
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