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FedEx PPA Going Away
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<blockquote data-quote="Preventable" data-source="post: 4269472" data-attributes="member: 62934"><p>Yeah could see that, but I think half is a little over optimistic. It almost makes sense to me though to switch unless I know I am going to be with Fedex 10+ more years. And the 4-4.5% interest credit is based on your PPA balance not your compensation credit... but that is hardly a balance to get super excited over, but not terrible.</p><p></p><p>And yes the max comp credit is 8%... it is based on points equal to age+years of service.</p><p></p><p>under 55 is 5%</p><p>55-64 is 6%</p><p>65-74 is 7%</p><p>75+ is 8%</p></blockquote><p></p>
[QUOTE="Preventable, post: 4269472, member: 62934"] Yeah could see that, but I think half is a little over optimistic. It almost makes sense to me though to switch unless I know I am going to be with Fedex 10+ more years. And the 4-4.5% interest credit is based on your PPA balance not your compensation credit... but that is hardly a balance to get super excited over, but not terrible. And yes the max comp credit is 8%... it is based on points equal to age+years of service. under 55 is 5% 55-64 is 6% 65-74 is 7% 75+ is 8% [/QUOTE]
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