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UPS Discussions
UPS, are you asking for it?
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 799467" data-attributes="member: 12570"><p>UPS is my career and I consider my 401k to be a supplement to my pension. Now that I have turned 50 I can contribute more as the annual liimits are higher when you turn 50 ("catch-up contributions"). My 401k contributions come right off of my taxable income. I adjust my withholdings so that my take home pay remains the same. SS will be my "fun money".</p><p> </p><p>I contriibute to UW as it is easier for me to do it through payroll deduction plus UPS matches 15%. I choose where I want my money to go and I deduct my contributions off of my taxes, which gives me a 25% return on my donation.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 799467, member: 12570"] UPS is my career and I consider my 401k to be a supplement to my pension. Now that I have turned 50 I can contribute more as the annual liimits are higher when you turn 50 ("catch-up contributions"). My 401k contributions come right off of my taxable income. I adjust my withholdings so that my take home pay remains the same. SS will be my "fun money". I contriibute to UW as it is easier for me to do it through payroll deduction plus UPS matches 15%. I choose where I want my money to go and I deduct my contributions off of my taxes, which gives me a 25% return on my donation. [/QUOTE]
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UPS, are you asking for it?
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