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FedEx Discussions
FedEx Portable Pension Plan Sucks vs. UPS Plan
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<blockquote data-quote="SmithBarney" data-source="post: 319194" data-attributes="member: 709"><p>You'd have to check your math.. I wouldn't rely on any one source for retirement</p><p>..(I have many..) Diversify my friend.. But the math is calculated from my </p><p>pretax $ so for example $100 paycheck $3 dollars from me, $1 from fred.(3%/1% ratio) I don't know about you, but I wouldn't walk past a $1 sitting on the sidewalk </p><p>without picking it up.. free money is free money, and I won't miss that $3 at the end</p><p>of the week. Smart saving is key, unfortunately for some of the older generation </p><p>guys at FedEx they are getting shafted hard.. Could FedEx be more generous, sure.. but they are in the market of pinching pennies... will I be here forever.. I doubt it but while I'm here I might as well take advantage of whatever I can.</p></blockquote><p></p>
[QUOTE="SmithBarney, post: 319194, member: 709"] You'd have to check your math.. I wouldn't rely on any one source for retirement ..(I have many..) Diversify my friend.. But the math is calculated from my pretax $ so for example $100 paycheck $3 dollars from me, $1 from fred.(3%/1% ratio) I don't know about you, but I wouldn't walk past a $1 sitting on the sidewalk without picking it up.. free money is free money, and I won't miss that $3 at the end of the week. Smart saving is key, unfortunately for some of the older generation guys at FedEx they are getting shafted hard.. Could FedEx be more generous, sure.. but they are in the market of pinching pennies... will I be here forever.. I doubt it but while I'm here I might as well take advantage of whatever I can. [/QUOTE]
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FedEx Portable Pension Plan Sucks vs. UPS Plan
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