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Brown Cafe UPS Forum
UPS Retirement Topics
Over 1800 hours
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<blockquote data-quote="Been In Brown Too Long" data-source="post: 5158125" data-attributes="member: 32249"><p>No different. You fill out new witholding paperwork. My pension is held by Prudential. You can adjust your witholding on their website. Initially I just went with the same as when I worked, then adjusted after my first year of having strictly pension income and no UPS income. Pension obviously being lower income. Filing taxes, you no longer get a W-2, retirement income is reported on a 1099-R. I use TurboTax, so you just enter retirement income in a different place. Otherwise, no different.</p></blockquote><p></p>
[QUOTE="Been In Brown Too Long, post: 5158125, member: 32249"] No different. You fill out new witholding paperwork. My pension is held by Prudential. You can adjust your witholding on their website. Initially I just went with the same as when I worked, then adjusted after my first year of having strictly pension income and no UPS income. Pension obviously being lower income. Filing taxes, you no longer get a W-2, retirement income is reported on a 1099-R. I use TurboTax, so you just enter retirement income in a different place. Otherwise, no different. [/QUOTE]
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