If you make it here till 70 you'll probably be deadHello Everyone:
I'm considering applying to UPS as a new hire at age 50yrs. with the intention of working until age 70yrs. My question is how much could I potentiality accumulate/withdraw from the pension plan, presumming I'd work full-time?
If you make it here till 70 you'll probably be dead
I'd be applying for a Class A CDL driver position.Depends on where you are, different areas have different pension plans/rules.
I'm an optimist and don't want to discourage anyone, but stop what you're doing. It's just not going to happen and you don't want it to happen.Hello Everyone:
I'm considering applying to UPS as a new hire at age 50yrs. with the intention of working until age 70yrs. My question is how much could I potentiality accumulate/withdraw from the pension plan, presumming I'd work full-time?
What's not going to happen and why don't I want it to happen?....What exactly are you talking about?I'm an optimist and don't want to discourage anyone, but stop what you're doing. It's just not going to happen and you don't want it to happen.
Apply for anything anywhere else. Work until you qualify for SS.
Beans and cornbread taste the best when you're not working.
If you can get high off the street doing that good luck to you but if you think you're going to start out and package and make it here 20 years starting at age 50 you got another thing comingI'd be applying for a Class A CDL driver position.
I'm not sure about elsewhere, but here you need 1 year minimum RPCD to bid on feeder stuff.I'm not looking to be a package handler, whether that be a loader, or an unloader. I'm looking at an offer to become a tractor trailer driver. Class A CDL linehaul, or UPS lingo, a feeder driver.
You would get whatever 20yrs of contributions pays out per month. Most of us don't even worry about it. Fund your 401k.I'm not looking to be a package handler, whether that be a loader, or an unloader. I'm looking at an offer to become a tractor trailer driver. Class A CDL linehaul, or UPS lingo, a feeder driver.
To name just one of many...What's not going to happen and why don't I want it to happen?....What exactly are you talking about?
I'm not sure about elsewhere, but here you need 1 year minimum RPCD to bid on feeder stuff.
And good luck being an off the street hire.
More likely you'll have to be a package handler for at least a year, then package for a year, then slip into Feeders.
Assuming that the bid sheets all stay unfilled.
To name two of many...What's not going to happen and why don't I want it to happen?....What exactly are you talking about?
If you can get high off the street doing that good luck to you but if you think you're going to start out and package and make it here 20 years starting at age 50 you got another thing coming
If you get hired straight into feeders you'll be fine as long as you don't mind working nights. Like these other guys are saying it'd be a different story if you were going into package at 50 looking to do 20 more.I'm not looking to be a package handler, whether that be a loader, or an unloader. I'm looking at an offer to become a tractor trailer driver. Class A CDL linehaul, or UPS lingo, a feeder driver.
Working nights driving a truck is just what I have in mind. What it really comes down to, is determining how much a 401K without an employer match, plus a pension can benefit me in retirement. I'm sure that everyone here is currently experience this...any insights on these retirement benefits?If you get hired straight into feeders you'll be fine as long as you don't mind working nights. Like these other guys are saying it'd be a different story if you were going into package at 50 looking to do 20 more.
401k will be worth as much as you put in it. Pensions and retiree HC plans are different around the country, most pension plans you're vested after 5 years but beyond that they all have different rules about retirement age/ years of service. If you get the job you can get all that info from your local union.Working nights driving a truck is just what I have in mind. What it really comes down to, is determining how much a 401K without an employer match, plus a pension can benefit me in retirement. I'm sure that everyone here is currently experience this...any insights on these retirement benefits?
LolHello Everyone:
I'm considering applying to UPS as a new hire at age 50yrs. with the intention of working until age 70yrs. My question is how much could I potentiality accumulate/withdraw from the pension plan, presumming I'd work full-time?
Not as long as taxpayers keep funding it.Pension will be dry before then.