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 Retirement Topics
Retiring this year. Any advice to do it right?
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="Been In Brown Too Long" data-source="post: 5502380" data-attributes="member: 32249"><p>Congrats on retirement! I retired from the WCT too, specifically NorCal. As Shiftless mentioned, it's not all the same just because you're in the West. I took the deduction for spousal benefits and the reduction at 65. I didn't want to be the guy that didn't leave her any pension payment after I'm gone, regardless of life insurance and 401k. The money is the easy part. It's setting up and getting a straight answer about healthcare that you should be focusing on. I'd call the number of WCT in Seattle, but also check with your local. My healthcare is taken care of through the local as we opted for a better plan than the WCT offers alone. My healthcare plan didn't have an age requirement which made it possible for me to retire at 49. I've read that in a lot of places, 55 is the age requirement. There are restrictions when it comes to working while retired, and you are sent a form annually verifying that you either aren't working, or are within the limits of their restrictions. I'd get documentation stating exactly what those restrictions are. I got a whole folder of documentation from them, and it has changed since I retired 5 years ago. They sent new docs. I generally don't care about any of that and just sign I'm not working. I retired for a reason...to not work!</p><p></p><p>Again, congrats on making it through the grind. Your life is about to change. Every day is Saturday!</p></blockquote><p></p>
[QUOTE="Been In Brown Too Long, post: 5502380, member: 32249"] Congrats on retirement! I retired from the WCT too, specifically NorCal. As Shiftless mentioned, it's not all the same just because you're in the West. I took the deduction for spousal benefits and the reduction at 65. I didn't want to be the guy that didn't leave her any pension payment after I'm gone, regardless of life insurance and 401k. The money is the easy part. It's setting up and getting a straight answer about healthcare that you should be focusing on. I'd call the number of WCT in Seattle, but also check with your local. My healthcare is taken care of through the local as we opted for a better plan than the WCT offers alone. My healthcare plan didn't have an age requirement which made it possible for me to retire at 49. I've read that in a lot of places, 55 is the age requirement. There are restrictions when it comes to working while retired, and you are sent a form annually verifying that you either aren't working, or are within the limits of their restrictions. I'd get documentation stating exactly what those restrictions are. I got a whole folder of documentation from them, and it has changed since I retired 5 years ago. They sent new docs. I generally don't care about any of that and just sign I'm not working. I retired for a reason...to not work! Again, congrats on making it through the grind. Your life is about to change. Every day is Saturday! [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
Retiring this year. Any advice to do it right?
Top