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Brown Cafe UPS Forum
UPS Discussions
Thrift Plan/UPS stock-10 percent tax?
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<blockquote data-quote="JohnnyPension" data-source="post: 145304" data-attributes="member: 7855"><p>I have my 55/25 from Local 804 and am taking the money and going to sunnier climes. I know when you are 55 and retire from the company the 401K and annuity monies are exempt from the 10 percent tax penalty. Is the money from the old UPS thrift plan that I rolled over into UPS stock at the mercy of the 10 percent penalty?</p><p></p><p>Soon to be...</p><p>JohnnyPension</p></blockquote><p></p>
[QUOTE="JohnnyPension, post: 145304, member: 7855"] I have my 55/25 from Local 804 and am taking the money and going to sunnier climes. I know when you are 55 and retire from the company the 401K and annuity monies are exempt from the 10 percent tax penalty. Is the money from the old UPS thrift plan that I rolled over into UPS stock at the mercy of the 10 percent penalty? Soon to be... JohnnyPension [/QUOTE]
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Thrift Plan/UPS stock-10 percent tax?
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