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Brown Cafe UPS Forum
UPS Retirement Topics
Retirement...contract talks
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<blockquote data-quote="Mugarolla" data-source="post: 2216887" data-attributes="member: 8481"><p>I didn't mean for it to be misleading. You are correct.</p><p></p><p>If you only contribute 4% the company will only match that 4%</p><p></p><p>Based on that $100K gross, this means you would contribute $4000 and the company would contribute $4000.</p><p></p><p>If you contribute anything over 6% the company will only contribute 6% assuming a match up to 6%</p><p></p><p>It would be best to contribute at least up to the max that the company matches, or you are leaving free money on the table.</p></blockquote><p></p>
[QUOTE="Mugarolla, post: 2216887, member: 8481"] I didn't mean for it to be misleading. You are correct. If you only contribute 4% the company will only match that 4% Based on that $100K gross, this means you would contribute $4000 and the company would contribute $4000. If you contribute anything over 6% the company will only contribute 6% assuming a match up to 6% It would be best to contribute at least up to the max that the company matches, or you are leaving free money on the table. [/QUOTE]
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