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Brown Cafe UPS Forum
UPS Retirement Topics
Retirement side hustle and tax right off
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<blockquote data-quote="Shiftless" data-source="post: 4908970" data-attributes="member: 47472"><p>Not all retirement plans are equal. Make sure you address this issue with the plan that administers your retirement plan, as they are the ones who rule your retirement.</p><p></p><p>They will have you certify every year if you have done any work that is suspendable under your retirement program.</p><p></p><p>I retired out of the WCT (Western Conference teamster Pension Plan) And I think there has just been a change in re-employment reporting requirements. I think it is now??? 60 hours up until 60 years of age and 85 hours till 65 years of age. WHO KNOWS WHAT YOUR'S IS???</p><p></p><p>As with anything retirement from UPS/Teamsters like Rod says above Don't get your info here!! It may not directly apply!</p><p></p><p>If you want to retire and you think you may need extra monies? Better think long and hard if your even ready to retire financially????</p><p></p><p>If you are just thinking you want to stay busy that is another thing.</p><p></p><p>Just make sure if you do any kind of business??? That too maybe considered suspendable. Let alone you will need to carry some type of insurance so you don't get sued into oblivion just to make a few extra bucks</p><p></p><p>Dos Cenatvo's</p><p>Ya Gotta Love Choices</p></blockquote><p></p>
[QUOTE="Shiftless, post: 4908970, member: 47472"] Not all retirement plans are equal. Make sure you address this issue with the plan that administers your retirement plan, as they are the ones who rule your retirement. They will have you certify every year if you have done any work that is suspendable under your retirement program. I retired out of the WCT (Western Conference teamster Pension Plan) And I think there has just been a change in re-employment reporting requirements. I think it is now??? 60 hours up until 60 years of age and 85 hours till 65 years of age. WHO KNOWS WHAT YOUR'S IS??? As with anything retirement from UPS/Teamsters like Rod says above Don't get your info here!! It may not directly apply! If you want to retire and you think you may need extra monies? Better think long and hard if your even ready to retire financially???? If you are just thinking you want to stay busy that is another thing. Just make sure if you do any kind of business??? That too maybe considered suspendable. Let alone you will need to carry some type of insurance so you don't get sued into oblivion just to make a few extra bucks Dos Cenatvo's Ya Gotta Love Choices [/QUOTE]
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Retirement side hustle and tax right off
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