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FedEx PPA Going Away
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<blockquote data-quote="Serf" data-source="post: 4270065" data-attributes="member: 50254"><p>*A lot of folks I worked with had no idea you had to work at least 1,000 hrs a year to get the PPA credit.</p><p></p><p>Unfortunately rollover of PPA funds to 401k or simple cash out while presently employed is of course, not an option.</p><p></p><p>I don't know the ratio exactly, but I'm willing to bet most of the Companies hour lies are part time. Not many can afford to contribute that much.</p></blockquote><p></p>
[QUOTE="Serf, post: 4270065, member: 50254"] *A lot of folks I worked with had no idea you had to work at least 1,000 hrs a year to get the PPA credit. Unfortunately rollover of PPA funds to 401k or simple cash out while presently employed is of course, not an option. I don't know the ratio exactly, but I'm willing to bet most of the Companies hour lies are part time. Not many can afford to contribute that much. [/QUOTE]
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