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Average Retirement Contribution
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<blockquote data-quote="vantexan" data-source="post: 2679706" data-attributes="member: 24302"><p>No, the traditional pension is the one they terminated in 2008. You described the portable pension plan. And a lot of couriers don't even know that they have two plans available to them: the portable(PPP) and the 401k. The 401k is the one that you contribute a percentage of your gross weekly and if you contribute 6% they'll contribute 3.5% which is the most they'll give you but your money is invested in a Vanguard fund that you choose that'll hopefully give you a decent return. Vanguard will fill you in on the details.</p></blockquote><p></p>
[QUOTE="vantexan, post: 2679706, member: 24302"] No, the traditional pension is the one they terminated in 2008. You described the portable pension plan. And a lot of couriers don't even know that they have two plans available to them: the portable(PPP) and the 401k. The 401k is the one that you contribute a percentage of your gross weekly and if you contribute 6% they'll contribute 3.5% which is the most they'll give you but your money is invested in a Vanguard fund that you choose that'll hopefully give you a decent return. Vanguard will fill you in on the details. [/QUOTE]
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