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Ok here is a question from a newbie about the union, stock investing, and the 401k...
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<blockquote data-quote="helenofcalifornia" data-source="post: 228053" data-attributes="member: 5170"><p><strong>Re: Ok here is a question from a newbie about the union, stock investing, and the 401</strong></p><p></p><p>I believe you can start taking out money from your 401K starting at 59 1/2. Of course, you would be taxed on this. But if you are still working at UPS, a good time to pay off your credit card debt and other bills before heading into retirement, and you would still be putting money into your 401K to rebuild, hopefully, your small fortune. Who am I kidding??!!! How many drivers will still be working at 59 1/2? Just a few.</p></blockquote><p></p>
[QUOTE="helenofcalifornia, post: 228053, member: 5170"] [b]Re: Ok here is a question from a newbie about the union, stock investing, and the 401[/b] I believe you can start taking out money from your 401K starting at 59 1/2. Of course, you would be taxed on this. But if you are still working at UPS, a good time to pay off your credit card debt and other bills before heading into retirement, and you would still be putting money into your 401K to rebuild, hopefully, your small fortune. Who am I kidding??!!! How many drivers will still be working at 59 1/2? Just a few. [/QUOTE]
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Ok here is a question from a newbie about the union, stock investing, and the 401k...
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