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UPS, are you asking for it?
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<blockquote data-quote="Catatonic" data-source="post: 799624" data-attributes="member: 7966"><p>OK, I've read this 3 times and slept on it and I'm still trying to figure out what you are saying.</p><p>I think you have confused pensions with 401k.</p><p>Pensions do what you are saying - you have to stay with a company for a long period of time and until a certain age - you are trapped to some extent.</p><p>A 401k frees the individual from that entrapment. a 401k account is transferable between companies and when you leave a company, you can transfer to another holding house such as Vanguard or Fidelity.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 799624, member: 7966"] OK, I've read this 3 times and slept on it and I'm still trying to figure out what you are saying. I think you have confused pensions with 401k. Pensions do what you are saying - you have to stay with a company for a long period of time and until a certain age - you are trapped to some extent. A 401k frees the individual from that entrapment. a 401k account is transferable between companies and when you leave a company, you can transfer to another holding house such as Vanguard or Fidelity. [/QUOTE]
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UPS, are you asking for it?
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