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Brown Cafe UPS Forum
UPS Union Issues
forced to put into 401k
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<blockquote data-quote="Jackburton" data-source="post: 3363338" data-attributes="member: 34538"><p>You guys act as though they are doing forced contributions to help everyone be more responsible. Wanna know why they are really doing it, it’s because the HCE’s are limited to amounts they can put into 401k’s by the amount of participation in the plans. </p><p></p><p>Basicly, they force you to save so they can meet the threshold to allow them to max out tax sheltered/differed accounts for themselves. </p><p></p><p>Those that know me here know I have extensive knowledge on this subject.</p></blockquote><p></p>
[QUOTE="Jackburton, post: 3363338, member: 34538"] You guys act as though they are doing forced contributions to help everyone be more responsible. Wanna know why they are really doing it, it’s because the HCE’s are limited to amounts they can put into 401k’s by the amount of participation in the plans. Basicly, they force you to save so they can meet the threshold to allow them to max out tax sheltered/differed accounts for themselves. Those that know me here know I have extensive knowledge on this subject. [/QUOTE]
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