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UPS Retirement Topics
I need advice on 401K
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<blockquote data-quote="Damondogg" data-source="post: 1563204" data-attributes="member: 30308"><p>Well I have been enrolled in the 401K since 1999, since then I'm under $40,000. Would boost my contributions, but I need more take home pay than having so much deducted. Anyways, I understand that the company won't match. So what does that mean exactly? Does that mean that when I retire with whatever amount is in my account, I won't get half of that or what? </p><p></p><p>As far as an option to rollover to an IRA, I have like close to $5000. Is it wise to move that over? I could just use some honest advice please.</p></blockquote><p></p>
[QUOTE="Damondogg, post: 1563204, member: 30308"] Well I have been enrolled in the 401K since 1999, since then I'm under $40,000. Would boost my contributions, but I need more take home pay than having so much deducted. Anyways, I understand that the company won't match. So what does that mean exactly? Does that mean that when I retire with whatever amount is in my account, I won't get half of that or what? As far as an option to rollover to an IRA, I have like close to $5000. Is it wise to move that over? I could just use some honest advice please. [/QUOTE]
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I need advice on 401K
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