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Brown Cafe UPS Forum
UPS Partners
Mgmt Retirement Age Change
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<blockquote data-quote="Scuba_Steve" data-source="post: 5265368" data-attributes="member: 5207"><p>Not sure you can arbitrarily do that for people that are already on a particular grandfathered plan. I think it would have to be for new hires moving forward or something. </p><p>Besides there is really no more retirement/pension plan at UPS for management anymore, its just a plain ole 401k, so you can leave anytime you want, and take your 401k with you, and are simply subject to the regular tax laws when you can take 401k withdraws. Staying or leaving does not change those eligible 401k withdraw dates, they are laws.</p></blockquote><p></p>
[QUOTE="Scuba_Steve, post: 5265368, member: 5207"] Not sure you can arbitrarily do that for people that are already on a particular grandfathered plan. I think it would have to be for new hires moving forward or something. Besides there is really no more retirement/pension plan at UPS for management anymore, its just a plain ole 401k, so you can leave anytime you want, and take your 401k with you, and are simply subject to the regular tax laws when you can take 401k withdraws. Staying or leaving does not change those eligible 401k withdraw dates, they are laws. [/QUOTE]
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