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Need some 401k/tax/payroll help
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<blockquote data-quote="Jackburton" data-source="post: 2114227" data-attributes="member: 34538"><p>The problem is UPS does pension contributions already, other companies entice their employees with 401k matches, on top of that, we have a very large PT work force. I can see how the desire to participate in a 401k program at UPS would be low on priorities. Don't get me started on the lack of funds to choose from comparatively. </p><p></p><p>In terms of the limits, I made more than 115k in 2014 and didn't face this problem, it was 123k to be exact. Not sure if the limits were raised since the publication of this article, but last year I topped out at 127k. It seems that it can be a dollar limit or a percentage (twenty I believe) that the company has to adopt, wish Hoax would chime in.</p></blockquote><p></p>
[QUOTE="Jackburton, post: 2114227, member: 34538"] The problem is UPS does pension contributions already, other companies entice their employees with 401k matches, on top of that, we have a very large PT work force. I can see how the desire to participate in a 401k program at UPS would be low on priorities. Don't get me started on the lack of funds to choose from comparatively. In terms of the limits, I made more than 115k in 2014 and didn't face this problem, it was 123k to be exact. Not sure if the limits were raised since the publication of this article, but last year I topped out at 127k. It seems that it can be a dollar limit or a percentage (twenty I believe) that the company has to adopt, wish Hoax would chime in. [/QUOTE]
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Need some 401k/tax/payroll help
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