Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
UPS Subsidiaries
UPS Freight = TForce Freight
UPS freight driver wages
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="raceanoncr" data-source="post: 604923" data-attributes="member: 6408"><p>Yes, I know that. I believe (don't know for sure, never had one)their limit was 6-7%, right? That means they would match your, let's say, 6% for a total of 12%, right? That, with some wages, wouldn't make it to 15K for the year. You'd have to up your % even tho UPS would stop at 6% to make it to the 15K. </p><p> </p><p>Sure, I know you can contribute more. I do. I think I take out 18. Well, every year I've done that, I've maxed it out and they've stopped deducting. </p><p> </p><p>The point I was trying to make is that whatever ANY company is matching is money that you didn't contribute and that THEY get to count off their books. In return, when it comes time, I have to pay taxes on that or any earnings that match made even though I didn't contribute the money or put it in. </p><p> </p><p>Also, I said I prefer to deduct the whole thing myself so it ALL comes off the top of my total taxable income for the year. In other words, I want the, in my case, whole 18% off the top, not just half or more that I actually contributed. Whatever you would chose to have them match, 3,5,6% is 3,5,6% that I couldn't bang off the top.</p></blockquote><p></p>
[QUOTE="raceanoncr, post: 604923, member: 6408"] Yes, I know that. I believe (don't know for sure, never had one)their limit was 6-7%, right? That means they would match your, let's say, 6% for a total of 12%, right? That, with some wages, wouldn't make it to 15K for the year. You'd have to up your % even tho UPS would stop at 6% to make it to the 15K. Sure, I know you can contribute more. I do. I think I take out 18. Well, every year I've done that, I've maxed it out and they've stopped deducting. The point I was trying to make is that whatever ANY company is matching is money that you didn't contribute and that THEY get to count off their books. In return, when it comes time, I have to pay taxes on that or any earnings that match made even though I didn't contribute the money or put it in. Also, I said I prefer to deduct the whole thing myself so it ALL comes off the top of my total taxable income for the year. In other words, I want the, in my case, whole 18% off the top, not just half or more that I actually contributed. Whatever you would chose to have them match, 3,5,6% is 3,5,6% that I couldn't bang off the top. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
UPS Subsidiaries
UPS Freight = TForce Freight
UPS freight driver wages
Top