Indecisi0n
Well-Known Member
I am going through my 401K and i was curious up to what amount does UPS match dollar for dollar? I been reading on their site but so far no luck.
Really? That sucks. I am trying to read through as much information as i can before I talk to my tax guy. Every company i ever worked for in the past at least matched dollar for dollar up to 4%.
Those companies probably didn't offer a pension in addition to the 401K.
I really wish that the next contract would include a mechanism for opting out of the pension and instead get contributions to my 401k account. I will grant that I do not trust the criminals in the investment industry, but I also know that I will not be a UPSer until I am vested for a pension./QUOTE]
You are vested after 5 years.
I am going through my 401K and i was curious up to what amount does UPS match dollar for dollar? I been reading on their site but so far no luck.
I really wish that the next contract would include a mechanism for opting out of the pension and instead get contributions to my 401k account. I will grant that I do not trust the criminals in the investment industry, but I also know that I will not be a UPSer until I am vested for a pension.
I am going through my 401K and i was curious up to what amount does UPS match dollar for dollar? I been reading on their site but so far no luck.
You are vested after 5 years.
The big thing to me is say u opt out and take a $5 an hour raise then u get that raise on OT too which would be $7.50 an hour. You don't get benifits paid for any OT
Why not have the best if both worlds and contribute 20% (at 85k a year that puts you at 17k, the 2012 limit)in either the Roth or traditional 401k?