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Brown Cafe UPS Forum
UPS Retirement Topics
UPS Special Pension Buyout Offer - December 2016
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<blockquote data-quote="UPSandy36109" data-source="post: 2432895" data-attributes="member: 64378"><p>After carefully reviewing the paperwork I'm going to take the buyout. </p><p>First, to get essential stuff that literally can't wait until the next tax year. I know it's bad, but it is how it is.</p><p>Second. The policy states that one way you will not owe the additional 10 percent is in case of disability. I medically retired from Brown because of injury and am actually on SSDI. So not the 10 percent to worry about.</p><p>I can probably get the twenty percent back on my taxes, according to a CPA. I really don't make enough to be in anything but the fifteen percent bracket anyhow.</p></blockquote><p></p>
[QUOTE="UPSandy36109, post: 2432895, member: 64378"] After carefully reviewing the paperwork I'm going to take the buyout. First, to get essential stuff that literally can't wait until the next tax year. I know it's bad, but it is how it is. Second. The policy states that one way you will not owe the additional 10 percent is in case of disability. I medically retired from Brown because of injury and am actually on SSDI. So not the 10 percent to worry about. I can probably get the twenty percent back on my taxes, according to a CPA. I really don't make enough to be in anything but the fifteen percent bracket anyhow. [/QUOTE]
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UPS Special Pension Buyout Offer - December 2016
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