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Brown Cafe UPS Forum
UPS Union Issues
Management Says Yes
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<blockquote data-quote="john61" data-source="post: 274409" data-attributes="member: 996"><p><strong>Re: Mangement Says Yes</strong></p><p></p><p>Frum,</p><p></p><p>Based on the reponses on this board and others, I think its fair to say that most Teamster employees would have preferred a 401(k) with a match. To say 401(k)s favor the highly compensated is biased and unfounded. Many personal financial publications such as Kiplinger and Money magazine always favor 401(k) plans and highly tout them as important savings vehicles especially to young workers who find their first jobs.</p></blockquote><p></p>
[QUOTE="john61, post: 274409, member: 996"] [b]Re: Mangement Says Yes[/b] Frum, Based on the reponses on this board and others, I think its fair to say that most Teamster employees would have preferred a 401(k) with a match. To say 401(k)s favor the highly compensated is biased and unfounded. Many personal financial publications such as Kiplinger and Money magazine always favor 401(k) plans and highly tout them as important savings vehicles especially to young workers who find their first jobs. [/QUOTE]
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