Pension/Rehire Question

Discussion in 'UPS Discussions' started by MonavieLeaker, May 17, 2008.

  1. MonavieLeaker

    MonavieLeaker Bringin Teh_Lulz

    If I quit UPS and get rehired and another hub or center do I still keep all the money in my pension/401k
  2. looper804

    looper804 Is it time to go home yet

    Yes,it is your money.If you roll it over to another fund there is no penalty.If you take the money you will be taxed at I believe 20% but I am not 100% sure about thet.It may be more.
  3. 1989

    1989 Well-Known Member

    The 401k money is yours....The pension you only keep if you are vested....Western States its 5 years to get vested, otherwise you lose it.