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Brown Cafe UPS Forum
UPS Retirement Topics
Just getting' started on my retirement.
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<blockquote data-quote="kmkshakey" data-source="post: 1665189" data-attributes="member: 58634"><p>That's another question I had. UPS stocks. I'm eligible for the DESPP, and I already registered with the website, but I'm a little apprehensive. It's almost just like a rainy day fund, right? A different type of savings account? With the 5% discount aren't you technically getting an automatic return of 5%? My only concern is the minimum deduction of $10. Between 5% into the 401k, my union dues, paying off my debts and feeding myself, I don't know if I would even be able to handle all the deductions. Should I just shut up and do it? I mean I work for the company, I should have some level of confidence in its success....</p><p></p><p>By the way, what is MIP?</p></blockquote><p></p>
[QUOTE="kmkshakey, post: 1665189, member: 58634"] That's another question I had. UPS stocks. I'm eligible for the DESPP, and I already registered with the website, but I'm a little apprehensive. It's almost just like a rainy day fund, right? A different type of savings account? With the 5% discount aren't you technically getting an automatic return of 5%? My only concern is the minimum deduction of $10. Between 5% into the 401k, my union dues, paying off my debts and feeding myself, I don't know if I would even be able to handle all the deductions. Should I just shut up and do it? I mean I work for the company, I should have some level of confidence in its success.... By the way, what is MIP? [/QUOTE]
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Just getting' started on my retirement.
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