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UPS Retirement Topics
I need advice on 401K
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<blockquote data-quote="UPSTeamster Pragmatist" data-source="post: 1829823" data-attributes="member: 43325"><p>Lmao at least upstate has a good sense of humor. Real estate in the right zip codes are always a winner. Thats not the only play. Put swiss francs in a safety deposit box. The dollar will be devalued over time, the only way to pay off the debt. The swiss are prudent, their currency will likely hold its value. I am a driver at full rate and take home $2k a week. My fed tax rate including fica is 10-12%. My wife takes home $1k a week, same as gross, small business. Our overall fed tax rate including fica is 7-8% , that is with zero % tax deferment. We know tax rates will increase. Oh and I have a child in college, we pay $3.5k per year. Life is all about personal finance and the paper shuffle today. It isnt fair but it is what it is. And by the way tax rates ebb and flow. In the sixties the top rate was 90%! We are coming off an ebb, rate will increase over the next few decades. And why settle for en 30% of 100 later when you can have the whole 100% now?</p></blockquote><p></p>
[QUOTE="UPSTeamster Pragmatist, post: 1829823, member: 43325"] Lmao at least upstate has a good sense of humor. Real estate in the right zip codes are always a winner. Thats not the only play. Put swiss francs in a safety deposit box. The dollar will be devalued over time, the only way to pay off the debt. The swiss are prudent, their currency will likely hold its value. I am a driver at full rate and take home $2k a week. My fed tax rate including fica is 10-12%. My wife takes home $1k a week, same as gross, small business. Our overall fed tax rate including fica is 7-8% , that is with zero % tax deferment. We know tax rates will increase. Oh and I have a child in college, we pay $3.5k per year. Life is all about personal finance and the paper shuffle today. It isnt fair but it is what it is. And by the way tax rates ebb and flow. In the sixties the top rate was 90%! We are coming off an ebb, rate will increase over the next few decades. And why settle for en 30% of 100 later when you can have the whole 100% now? [/QUOTE]
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I need advice on 401K
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