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Brown Cafe UPS Forum
UPS Union Issues
New Video! Is the buyout even worth it?
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<blockquote data-quote="Well-Known Member" data-source="post: 6175107" data-attributes="member: 85066"><p>You’re smarter than that. I’m sure you know how tax brackets work. </p><p></p><p>You pay a percentage of tax on amounts as they increase. </p><p></p><p>Even with the buyout check, most will probably pay only 2% more tax, 24% instead of 22% if married on any amount over $206,500 ( I think that is the amount). And most probably won’t even hit that cap. </p><p></p><p>With retirement for 4 months this year even with the bonus, most will not even crack into the 24% bracket.</p></blockquote><p></p>
[QUOTE="Well-Known Member, post: 6175107, member: 85066"] You’re smarter than that. I’m sure you know how tax brackets work. You pay a percentage of tax on amounts as they increase. Even with the buyout check, most will probably pay only 2% more tax, 24% instead of 22% if married on any amount over $206,500 ( I think that is the amount). And most probably won’t even hit that cap. With retirement for 4 months this year even with the bonus, most will not even crack into the 24% bracket. [/QUOTE]
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New Video! Is the buyout even worth it?
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