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Teamsters 401k
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<blockquote data-quote="barnyard" data-source="post: 421456" data-attributes="member: 13921"><p>I would also suggest looking at other types of 401k accounts. You do not have to contribute to the Teamster plan. I opened an account at Edward Jones and my wife has her's at Fidelity. You can have deductions made automatically into these accounts and you have hundreds of choices for what type of funds you invest in (vs. the dozen or so that the Teamsters offer.)</p><p></p><p>The other advantage with using an outside broker is advice. I have a 401k, roth IRA and buy UPS stock. The broker suggested the amounts that I should contribute and suggested appropriate funds for diversity. Fidelity does the same for my wife.</p><p></p><p>Also, choose the DRIP option if you buy UPS stock.</p><p></p><p>TB</p></blockquote><p></p>
[QUOTE="barnyard, post: 421456, member: 13921"] I would also suggest looking at other types of 401k accounts. You do not have to contribute to the Teamster plan. I opened an account at Edward Jones and my wife has her's at Fidelity. You can have deductions made automatically into these accounts and you have hundreds of choices for what type of funds you invest in (vs. the dozen or so that the Teamsters offer.) The other advantage with using an outside broker is advice. I have a 401k, roth IRA and buy UPS stock. The broker suggested the amounts that I should contribute and suggested appropriate funds for diversity. Fidelity does the same for my wife. Also, choose the DRIP option if you buy UPS stock. TB [/QUOTE]
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