Top rate paycheck

Discussion in 'UPS Discussions' started by nystripe96, Mar 6, 2016.

  1. nystripe96

    nystripe96 Active Member

    So a 20 year driver showed me his check and surprisingly it was only $810 after deductions. He said he only contributes 5% to his 401k so I can't really grasp this. Granted I'm in NYC and the taxes are horrendous but here I'm just a year from being at top rate. Now I'm not nearly as excited as I was. Is that really the ballpark of what most top rate drivers make?
  2. Gumby

    Gumby *

    Did he have any other deductions?
    Child support?
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  3. Big Arrow Down...D

    Big Arrow Down...D Leave the gun,take the cannoli

    Maybe Union dues came out and very little overtime.
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  4. sppollock

    sppollock Member

    is he married? Other deductions? Was it just for 40 hours or was there any overtime?
  5. govols019

    govols019 You smell that?

    That's what my take home is if I take a day off during the week and I contribute 12% to my 401K and am taxed at the single rate. I also have $10 a week for DRIVE and $20 for my AFLAC insurance coming out.

    Living in state with no income tax has its perks.
  6. Brown Down

    Brown Down Member

    I average high 900 to 1000 take home on a decent work week with 6% taken out for 401k and haven't screwed with my tax rate. I would say he either had almost no overtime or took a layoff day.
  7. Gumby

    Gumby *

    You would be better off putting that DRIVE money in your 401k.
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  8. nystripe96

    nystripe96 Active Member

    Yea I'll ask him again on Monday. Just doing the math that number seems too low
  9. BUCN85

    BUCN85 Active Member

    I almost make that as a 2nd year driver so that's odd. I think a lot take home close too. 1100-1200
  10. MC4YOU2

    MC4YOU2 Wherever I see Trump, it smells like he's Putin.

    Also a big difference in a 45 hour week vs a 60 hour week.
  11. BlackJack616

    BlackJack616 Active Member

    I only worked 4 days last week and have 25% going into my 401k and took home
  12. ManInBrown

    ManInBrown Well-Known Member

    11-1300 take home per week here. 3% to 401K. Single. 48-51 hours a week
  13. Gumby

    Gumby *

    4-12 hour days?
  14. Rack em

    Rack em Well-Known Member

    I've seen top rate drivers take home over $1,500 a week. Most I think average around $1,200 at my center.

    Funny story... I am just starting out as a FT driver so I only make $18.75. It was 3 weeks ago I had worked 53 hours and after deductions and everything I only took home $621. Well another driver had taken 2 days off that week and worked maybe 30 hours and was looking at her check all :censored2: off because she only took home $650ish. I simply showed her my paycheck which was less than hers and my hours and just gave her that "shut the f*** up" look
  15. BlackJack616

    BlackJack616 Active Member

    - REGULAR 34.400 32.00 1,100.80
    - OVERTIME 51.600 5.06 261.10
    - PROD BON 51.600 1.56 80.50
    - CURRENT TOTALS 1,442.40
  16. Gumby

    Gumby *

  17. Indecisi0n

    Indecisi0n Well-Known Member

    Who cares I'm hung like a horse.
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  18. BlackJack616

    BlackJack616 Active Member

  19. BlackJack616

    BlackJack616 Active Member

    if i work a normal week and gross 1750.... my take home pay is around 1185 with 5% into 401k, if i raise my 401k to 20% my take home pay is around 1000... Well worth the increase; I realize some drivers couldn't afford the 185 decrease in take home though.

    Lets do the math of 5% vs 20% over 20 years.
    20% would probably max out a 401k which would give you about 800k after 20 years. at 5% you would have about 200k, if you can just manage living on less than 185 a week.. (all a rough estimate )
    Last edited: Mar 6, 2016
  20. Gumby

    Gumby *

    Do it 1% at a time and see what you are comfortable with.