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Anyone see official Buyout letter today ?
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<blockquote data-quote="Catatonic" data-source="post: 1008243" data-attributes="member: 7966"><p>UPS had a similar buyout in 2007 and the take rate was less than 20%.</p><p>If one was not eligible for early retirement at the date of severance, it was a rather poor offer.</p><p>Primarily, because the payout could not be rolled into 401k or IRA.</p><p>They came back in 2010 with a buyout aimed at people eligible for retirement.</p><p>That worked better.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 1008243, member: 7966"] UPS had a similar buyout in 2007 and the take rate was less than 20%. If one was not eligible for early retirement at the date of severance, it was a rather poor offer. Primarily, because the payout could not be rolled into 401k or IRA. They came back in 2010 with a buyout aimed at people eligible for retirement. That worked better. [/QUOTE]
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Anyone see official Buyout letter today ?
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