I need advice on 401K

[Brownslave688]

Alot of people don't know that rule. I plan on taking any ROTH money last, unless I need some to to save me on paying taxes on my S.S.

Yeah I agree. We will likely pull all of the money from my wife's 401k first because hers is traditional and then mine because it's almost all roth

 

[IVE GOTTA PACKAGE 4U]

I was thinking fees. Which I know our 401k is very low.


I'm not even halfway to 70 so don't think about that much.

My Vanguard funds are a little more expensive than my 401k fees. But many more choices.
Plus Big Brown doesn't know what I have put away.

 

[IVE GOTTA PACKAGE 4U]

Yeah I agree. We will likely pull all of the money from my wife's 401k first because hers is traditional and then mine because it's almost all roth

That's a good plan.

 

[IVE GOTTA PACKAGE 4U]

It will be here before you know it.

True.. Wasn't that long ago,I was on the bottom of the seniority list.

 

[upschuck]

My Vanguard funds are a little more expensive than my 401k fees. But many more choices.
Plus Big Brown doesn't know what I have put away.

Brown doesn't know what is in it, they only know what was put in it.

 

[Brownslave688]

That's a good plan.

Only a good plan til the government decides its not fair I have 5 million in my retirement and dickwadspentitall only has 10k and I should share mine.

 

[IVE GOTTA PACKAGE 4U]

Brown doesn't know what is in it, they only know what was put in it.

Not true. Do you remember that little booklet we used to get every year?
It had your 401k balance on it.

Trust me, they know!

 

[IVE GOTTA PACKAGE 4U]

Only a good plan til the government decides its not fair I have 5 million in my retirement and dickwadspentitall only has 10k and I should share mine.

Like our current dictator??

 

[upschuck]

True.. Wasn't that long ago,I was on the bottom of the seniority list.

Life is like a blink of an eye, many look back and have accomplished nothing that they set out to accomplish.

 

[Brownslave688]

Like our current dictator??

Hoffa?


Lmao. Settle down I'm only joking

 

[upschuck]

Not true. Do you remember that little booklet we used to get every year?
It had your 401k balance on it.

Trust me, they know!

Vaguely remember that. That was before Prudential, though. Don't think they have a legal right to know that information. I could be wrong though.

 

[IVE GOTTA PACKAGE 4U]

Vaguely remember that. That was before Prudential, though. Don't think they have a legal right to know that information. I could be wrong though.

They pay book keeping and administration fees. They know or have a pretty close idea.

They make their own rules. When I started they finger orinrlted you,took tour picture and a hand writing sample.

 

[realbrown1]

Vaguely remember that. That was before Prudential, though. Don't think they have a legal right to know that information. I could be wrong though.

I think they do have that right.

Don't they pay some of the fees for our teamster ups 401k?

 

[upschuck]

They pay book keeping and administration fees. They know or have a pretty close idea.

I think they do have that right.

Don't they pay some of the fees for our teamster ups 401k?

I guess I learned something today. I thought they paid fees, and transferred monies, didn't know they could access all that. Does it really matter though? They can't lower my pay because I have a higher balance or anything.

 

[IVE GOTTA PACKAGE 4U]

No

I guess I learned something today. I thought they paid fees, and transferred monies, didn't know they could access all that. Does it really matter though? They can't lower my pay because I have a higher balance or anything.

No they can't... But its none of their bizz. Don't they have enough reports on us and know enough of our personal bizz??

 

[By The Book]

I think they do have that right.

Don't they pay some of the fees for our teamster ups 401k?

I would think that if they do pay fees on your behalf that they only have access to the balances in those funds and no names are attached, or any personal information.

 

[IVE GOTTA PACKAGE 4U]

I would think that if they do pay fees on your behalf that they only have access to the balances in those funds and no names are attached, or any personal information.

Not true. Like I stated in an earlier post. They used to send us a booklet every year. It had your estimated pension. Your 401k balance and how much you could have if you increased your percentage.

They know!
They probably also have COLI on us too.

 

[By The Book]

Not true. Like I stated in an earlier post. They used to send us a booklet every year. It had your estimated pension. Your 401k balance and how much you could have if you increased your percentage.

They know!
They probably also have COLI on us too.

I was thinking since we don't get those "your benefits" booklets anymore they may not be able to have access to that information because of hippa rules and regulations. Do you think doing it the way I posted is a way to accomplish what they need and our privacy?

 

[IVE GOTTA PACKAGE 4U]

I was thinking since we don't get those "your benefits" booklets anymore they may not be able to have access to that information because of hippa rules and regulations. Do you think doing it the way I posted is a way to accomplish what they need and our privacy?

Maybe.. Not sure

 

[UpstateNYUPSer(Ret)]

I guess I learned something today. I thought they paid fees, and transferred monies, didn't know they could access all that. Does it really matter though? They can't lower my pay because I have a higher balance or anything.

UPS cannot access your account.