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Brown Cafe UPS Forum
UPS Retirement Topics
Anyone out there drawing a monthly stipend from their Teamster/UPS 401K?
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<blockquote data-quote="Jones" data-source="post: 3332126" data-attributes="member: 4805"><p>Can't fix stupid:</p><p></p><p><em>Later the same day, Kelly visited another client — comfortable in the upper middle class — who wanted to take out $20,000 from her 401(k) to splurge on a vacation. She was even willing to pay a 10 percent penalty, which is required under the law if an individual is not yet 59½ years old.</em></p><p><em>Kelly couldn’t dissuade her. “People are cautiously optimistic,” he said.</em></p><p></p><p><a href="https://www.washingtonpost.com/business/economy/optimism-about-stock-market-rally-has-carried-into-new-year/2018/01/27/66d9b3f6-fc8e-11e7-ad8c-ecbb62019393_story.html?utm_term=.499eb2e79cec" target="_blank"><span style="font-size: 22px"><strong>Hold tight or splurge? Booming retirement accounts are making that a tough question.</strong></span></a></p></blockquote><p></p>
[QUOTE="Jones, post: 3332126, member: 4805"] Can't fix stupid: [I]Later the same day, Kelly visited another client — comfortable in the upper middle class — who wanted to take out $20,000 from her 401(k) to splurge on a vacation. She was even willing to pay a 10 percent penalty, which is required under the law if an individual is not yet 59½ years old. Kelly couldn’t dissuade her. “People are cautiously optimistic,” he said.[/I] [URL='https://www.washingtonpost.com/business/economy/optimism-about-stock-market-rally-has-carried-into-new-year/2018/01/27/66d9b3f6-fc8e-11e7-ad8c-ecbb62019393_story.html?utm_term=.499eb2e79cec'][SIZE=6][B]Hold tight or splurge? Booming retirement accounts are making that a tough question.[/B][/SIZE][/URL] [/QUOTE]
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Anyone out there drawing a monthly stipend from their Teamster/UPS 401K?
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