Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Pension plans debate
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="helenofcalifornia" data-source="post: 792005" data-attributes="member: 5170"><p>Reading the paper that came with the year end 401k statement, profits were definitely up. They paid out about $330 million to retirees, and took in about $1.1 billion. Of that input, about $240 million was from our weekly check deductions and $750 million in stock investments. 401k did pretty well as a whole for the plan.</p><p></p><p>Being a single parent and raising kids by myself, I was never able to put much away or invest in anything but my house. Now that the kids are almost all independent, I can put some away. Maybe too late for me to retire in leisure, but at least with the 401k, pension and SS, I will be able to retire in comfort. I feel for those that only have SS to rely on in their "golden" years. Because it's going to be anything but golden for them. JMHO</p></blockquote><p></p>
[QUOTE="helenofcalifornia, post: 792005, member: 5170"] Reading the paper that came with the year end 401k statement, profits were definitely up. They paid out about $330 million to retirees, and took in about $1.1 billion. Of that input, about $240 million was from our weekly check deductions and $750 million in stock investments. 401k did pretty well as a whole for the plan. Being a single parent and raising kids by myself, I was never able to put much away or invest in anything but my house. Now that the kids are almost all independent, I can put some away. Maybe too late for me to retire in leisure, but at least with the 401k, pension and SS, I will be able to retire in comfort. I feel for those that only have SS to rely on in their "golden" years. Because it's going to be anything but golden for them. JMHO [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Pension plans debate
Top