I start buying 401k now and didn't see any match amount from the company.
F fatthief Well-Known Member Dec 22, 2013 #1 I start buying 401k now and didn't see any match amount from the company.
Catatonic Nine Lives Dec 22, 2013 #2 fatthief said: I start buying 401k now and didn't see any match amount from the company. Click to expand... Unless you are management you will not. If management, contact HR.
fatthief said: I start buying 401k now and didn't see any match amount from the company. Click to expand... Unless you are management you will not. If management, contact HR.
Jackburton Gone Fish'n Dec 22, 2013 #3 I'd imagine you'd need to be there a particular amount of time before they match, or am I wrong in that assumption?
I'd imagine you'd need to be there a particular amount of time before they match, or am I wrong in that assumption?
UpstateNYUPSer(Ret) Well-Known Member Dec 23, 2013 #5 Jackburton said: I'd imagine you'd need to be there a particular amount of time before they match, or am I wrong in that assumption? Click to expand... There is no company match but they do pay the administrative costs.
Jackburton said: I'd imagine you'd need to be there a particular amount of time before they match, or am I wrong in that assumption? Click to expand... There is no company match but they do pay the administrative costs.
upschuck Well-Known Member Dec 23, 2013 #6 UpstateNYUPSer said: There is no company match but they do pay the administrative costs. Click to expand... Not all the costs, several times a year they take a tiny amount out, .1% is max, but varies according to your holdings.
UpstateNYUPSer said: There is no company match but they do pay the administrative costs. Click to expand... Not all the costs, several times a year they take a tiny amount out, .1% is max, but varies according to your holdings.
oldngray nowhere special Dec 23, 2013 #7 if UPS had matched 401k like many other companies we wouldn't be so concerned about retirement.
upschuck Well-Known Member Dec 23, 2013 #8 oldngray said: if UPS had matched 401k like many other companies we wouldn't be so concerned about retirement. Click to expand... Probably wouldn't have a pension either. Few companies have both pension and a 401(k)
oldngray said: if UPS had matched 401k like many other companies we wouldn't be so concerned about retirement. Click to expand... Probably wouldn't have a pension either. Few companies have both pension and a 401(k)
oldngray nowhere special Dec 23, 2013 #9 I would have preferred the 401k match and manage my own money vs. trust UPS and Teamsters for a pension.
I would have preferred the 401k match and manage my own money vs. trust UPS and Teamsters for a pension.
Catatonic Nine Lives Dec 23, 2013 #11 oldngray said: if UPS had matched 401k like many other companies we wouldn't be so concerned about retirement. Click to expand... Companies that match 401k rarely offer pensions. That's why they started offering 401k ... to get rid of pensions. I'll take pension over 401k match any day. Especially since I am old and gray.
oldngray said: if UPS had matched 401k like many other companies we wouldn't be so concerned about retirement. Click to expand... Companies that match 401k rarely offer pensions. That's why they started offering 401k ... to get rid of pensions. I'll take pension over 401k match any day. Especially since I am old and gray.