Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
The Competition
FedEx Discussions
FedEx PPA Going Away
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="McFeely" data-source="post: 4313124" data-attributes="member: 60776"><p>Quick summary for ya-</p><p></p><p>Currently, FX does this: </p><p>-<strong>3.5%</strong> matching to your 401k (if you put in 6%) and</p><p>-<strong>5%</strong> to your Portable Pension</p><p></p><p>If you switched to the 8% 401k match, you no longer get the PPA credit. Right of the bat you're going <em>from 8.5% <strong>down</strong> to 8%</em> company-provided.</p><p></p><p>What some/most don't know is that the PPA credits go from 5% all the way up to 8% as you age and have more years of service with the company. So if you're younger and don't have a lot of years with FX, you might be better off switching to the 8% match on the 401k. Also all depends on how comfortable you are with risk and future tax liabilities.</p></blockquote><p></p>
[QUOTE="McFeely, post: 4313124, member: 60776"] Quick summary for ya- Currently, FX does this: -[B]3.5%[/B] matching to your 401k (if you put in 6%) and -[B]5%[/B] to your Portable Pension If you switched to the 8% 401k match, you no longer get the PPA credit. Right of the bat you're going [I]from 8.5% [B]down[/B] to 8%[/I] company-provided. What some/most don't know is that the PPA credits go from 5% all the way up to 8% as you age and have more years of service with the company. So if you're younger and don't have a lot of years with FX, you might be better off switching to the 8% match on the 401k. Also all depends on how comfortable you are with risk and future tax liabilities. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
The Competition
FedEx Discussions
FedEx PPA Going Away
Top