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Brown Cafe UPS Forum
UPS Union Issues
Left UPS, Can I withdraw contributions?
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<blockquote data-quote="DELACROIX" data-source="post: 5000205" data-attributes="member: 49065"><p>Ten percent penalty and subject to an automatic twenty percent federal tax. </p><p></p><p>I believe that the cash out option only applies for those employees that have less than 5 years in.</p><p></p><p>Otherwise you are vested till age 65.</p><p></p><p>Again there are so many different pension formulas out there...depending on what Conference or area you are under...</p></blockquote><p></p>
[QUOTE="DELACROIX, post: 5000205, member: 49065"] Ten percent penalty and subject to an automatic twenty percent federal tax. I believe that the cash out option only applies for those employees that have less than 5 years in. Otherwise you are vested till age 65. Again there are so many different pension formulas out there...depending on what Conference or area you are under... [/QUOTE]
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Left UPS, Can I withdraw contributions?
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