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Brown Cafe UPS Forum
UPS Discussions
Pension buyout
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 4271219" data-attributes="member: 12570"><p>Pay off traffic tickets-------ask a family member for a short term loan which you could repay with your tax refund.</p><p></p><p>Pay off my car------depending upon the APR of your car note this may or may not be a smart move. If the APR is 10% or less and you are losing 10% of the lump sum as an early withdrawal penalty and 20% or so when you file your taxes next year, it would not be a smart move.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 4271219, member: 12570"] Pay off traffic tickets-------ask a family member for a short term loan which you could repay with your tax refund. Pay off my car------depending upon the APR of your car note this may or may not be a smart move. If the APR is 10% or less and you are losing 10% of the lump sum as an early withdrawal penalty and 20% or so when you file your taxes next year, it would not be a smart move. [/QUOTE]
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