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Brown Cafe UPS Forum
UPS Discussions
Pension buyout
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 4269431" data-attributes="member: 12570"><p>Keep in mind that you only have 60 days after you receive the check to roll over any or all of it to avoid the 10% penalty and reduce that tax hit.</p><p></p><p>You should have done a direct rollover and avoided all of that mess.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 4269431, member: 12570"] Keep in mind that you only have 60 days after you receive the check to roll over any or all of it to avoid the 10% penalty and reduce that tax hit. You should have done a direct rollover and avoided all of that mess. [/QUOTE]
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