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When did you start 401k and what's your balance
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<blockquote data-quote="Catatonic" data-source="post: 1101525" data-attributes="member: 7966"><p>Started in 1989 and only put in 3 - 4 % through 1994.</p><p>In 1995, I figured out where UPS was going in regards to taking care of us and started putting the max into 401k.</p><p>I think the max was something like $12k a year in 1995.</p><p>Last year it was $23,000 since I can put extra in the +50 Catch Up.</p><p>This year (2 months of UPS salary + MIP) I am hoping to put in around $18,000.</p><p>I have more in my 401k account than the value of my pension (based on UPS Total Rewards).</p><p></p><p>As of today, I am retired and officially no longer a UPS employee. </p><p>I have a business with two IC (Independent Contractor) jobs (Photography related) of which I hope to put some funds in a ROTH SEP starting next year (you cannot contribute to two separate plans in the same calendar year).</p><p>I plan to continue to put money into tax-advantaged funding as long as I can ... hopefully at least 8 more years.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 1101525, member: 7966"] Started in 1989 and only put in 3 - 4 % through 1994. In 1995, I figured out where UPS was going in regards to taking care of us and started putting the max into 401k. I think the max was something like $12k a year in 1995. Last year it was $23,000 since I can put extra in the +50 Catch Up. This year (2 months of UPS salary + MIP) I am hoping to put in around $18,000. I have more in my 401k account than the value of my pension (based on UPS Total Rewards). As of today, I am retired and officially no longer a UPS employee. I have a business with two IC (Independent Contractor) jobs (Photography related) of which I hope to put some funds in a ROTH SEP starting next year (you cannot contribute to two separate plans in the same calendar year). I plan to continue to put money into tax-advantaged funding as long as I can ... hopefully at least 8 more years. [/QUOTE]
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When did you start 401k and what's your balance
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