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How much $ do you put in 401k?
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<blockquote data-quote="old brown shoe" data-source="post: 285113" data-attributes="member: 12763"><p>You have to remember that UPS 401K plan was not around for many years. We use to have what they called a Thrift Plan. You could only put $6 a week into it. That is only $240 a year. It did have some great years in interest that it earned but took a long time to grow. Then when UPS went public they ended that plan. You could cash it out or buy UPS stock with it. That is when the 401K plan started. After that the stock split and for the ones who bought the stock did good. (since then stock has not done much but pay a dividend) I put $150 a week into my 401k. It is hard at times but if you took the cash after tax it would only be about $90. You grow money like that until the age of 62-65 and you will have a chunk of cash even though you are to old to really have fun with it lol. </p><p><img src="/community/styles/default/xenforo/smilies/FeltTip/greedy.png" class="smilie" loading="lazy" alt=":greedy:" title="Greedy :greedy:" data-shortname=":greedy:" /></p></blockquote><p></p>
[QUOTE="old brown shoe, post: 285113, member: 12763"] You have to remember that UPS 401K plan was not around for many years. We use to have what they called a Thrift Plan. You could only put $6 a week into it. That is only $240 a year. It did have some great years in interest that it earned but took a long time to grow. Then when UPS went public they ended that plan. You could cash it out or buy UPS stock with it. That is when the 401K plan started. After that the stock split and for the ones who bought the stock did good. (since then stock has not done much but pay a dividend) I put $150 a week into my 401k. It is hard at times but if you took the cash after tax it would only be about $90. You grow money like that until the age of 62-65 and you will have a chunk of cash even though you are to old to really have fun with it lol. :greedy: [/QUOTE]
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