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Drop Out of Your 401k
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<blockquote data-quote="vantexan" data-source="post: 856181" data-attributes="member: 24302"><p>Yes, you have a very nice pension at UPS. And are paid enough to save for retirement like you don't have one. FedEx on the other hand not only pays considerably less and terminated our traditional pension, they made sure through lobbying efforts that FedEx is classified differently than UPS to make sure we can't vote in a union. Something your company has protested for some time now as it gives FedEx an unfair advantage. Point out my failings all you want, but the game is rigged over here, the economy is bad and my health isn't much better, so I'm stuck. The guy who tells me I make plenty for what I do, that he fully funds his 401k, won't say what he grosses. I'll make about $42k this year. I'll get by fine. I won't however be able to save enough to have much of a retirement. My point is that FedEx, and other companies, are putting us in this position so that a relative few can do extremely well. And as our raises aren't keeping up with inflation it's getting worse for us every year. Amazing how we not only have to do without many things but are expected to shut up, know our place, and like it.</p></blockquote><p></p>
[QUOTE="vantexan, post: 856181, member: 24302"] Yes, you have a very nice pension at UPS. And are paid enough to save for retirement like you don't have one. FedEx on the other hand not only pays considerably less and terminated our traditional pension, they made sure through lobbying efforts that FedEx is classified differently than UPS to make sure we can't vote in a union. Something your company has protested for some time now as it gives FedEx an unfair advantage. Point out my failings all you want, but the game is rigged over here, the economy is bad and my health isn't much better, so I'm stuck. The guy who tells me I make plenty for what I do, that he fully funds his 401k, won't say what he grosses. I'll make about $42k this year. I'll get by fine. I won't however be able to save enough to have much of a retirement. My point is that FedEx, and other companies, are putting us in this position so that a relative few can do extremely well. And as our raises aren't keeping up with inflation it's getting worse for us every year. Amazing how we not only have to do without many things but are expected to shut up, know our place, and like it. [/QUOTE]
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