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UPS Discussions
% to contribute to 401k
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<blockquote data-quote="freeloader" data-source="post: 308411" data-attributes="member: 12163"><p>You have a few different options:</p><p></p><p>Pre-tax I believe the max is 15 or 17% and you cannot withdraw the money without paying a penalty.</p><p></p><p>After-tax I am not sure how much you can contribute but I am pretty sure you can withdraw from this type penalty-free.</p><p></p><p>Other options you might want to explore since you want all of your money to go towards retirement: IRA's and Roth-IRA's.</p><p></p><p>And like the others are saying, for Teamsters I don't think there is a UPS match. For management and administrative/technical UPS matches 3% of your contributions payable in UPS stock.</p></blockquote><p></p>
[QUOTE="freeloader, post: 308411, member: 12163"] You have a few different options: Pre-tax I believe the max is 15 or 17% and you cannot withdraw the money without paying a penalty. After-tax I am not sure how much you can contribute but I am pretty sure you can withdraw from this type penalty-free. Other options you might want to explore since you want all of your money to go towards retirement: IRA's and Roth-IRA's. And like the others are saying, for Teamsters I don't think there is a UPS match. For management and administrative/technical UPS matches 3% of your contributions payable in UPS stock. [/QUOTE]
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