UpstateNYUPSer(Ret)
Well-Known Member
No-----that was just the taxes.
Tack on another $165 per week for my 401k and UW so just over $500 total.
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- Thread starter Rhino3
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No-----that was just the taxes.
Tack on another $165 per week for my 401k and UW so just over $500 total.
UpstateNYUPSer(Ret)
Well-Known Member
I assume that you have the Traditional 401k.
MyTripisCut
Never pumped gas
Yeah, mines about 200 in taxes and 300 in 401k+401k loan.
@11% my 401k is $200 give or take a couple of bucks
MyTripisCut
Never pumped gas
Mines at 20%. Maxed it out last year, trying to do it again this year. Once you get used to that money being gone, it's not so bad.
I could do that but I put money into a Roth IRA for me and my wife also. So I'm somewhere around 20%
MyTripisCut
Never pumped gas
We have Roth options on the Teamster one now, I think. My wife has her own Roth IRA. She's been saving since she was 22 years old. Taught me how to do it as well.
UpstateNYUPSer(Ret)
Well-Known Member
I am at 10% now with a balance just shy of $180K. My plan (hope) is to bump that up to 20% on the 1st of the year as I will only have 6 months of contributions before I retire and would love to get it above $200K.
We have a ROTH through Vanguard. I like having some different choices. Honestly she didn't even know that I started one for her till about two years ago. She was quite surprised when she saw what she has in the account.
UpstateNYUPSer(Ret)
Well-Known Member
My daughter is the saver in their marriage as well. When she first met what's his name money would burn a hole in his pocket. He has become much smarter with his money since then.
I set up 529's for each of the grandchildren soon after they got their SSN's. $50/month should give each of them $10K when they are ready to go to college.
MyTripisCut
Never pumped gas
We 529's for our kids as well. 100$ each a month for college. Hope it holds up.My daughter is the saver in their marriage as well. When she first met what's his name money would burnin his pocket. He has become much smarter with his money since then.
I set up 529's for each of the grandchildren soon after they got their SSN's. $50/month should give each of them $10K when they are ready to go to college.
Wait till that bill punches you in the balls.
UpstateNYUPSer(Ret)
Well-Known Member
$100 for each kid every month??
Can you write all of that off? I thought that there was a limit on how much you could contribute and/or write off.
NY just started offering free tuition to state schools. Thankfully the 529's can be used to pay for books, laptops and other "school related" supplies.
MyTripisCut
Never pumped gas
Idk about the write off. But that's what our advisor set us at.
Matty_lawn
Poopin' on the clock
Which hub? I'm at worma
UpstateNYUPSer(Ret)
Well-Known Member
He is talking about PC drivers.
JL 0513
Well-Known Member
Yeah, package. Center, not a hub.
Richard Harrow
Deplorable.
Congrats. Don't let your center manager guilt trip you into giving anything to the United Way now that you're making the big bucks.
Here we can write contributions off to a 529 plan on our state taxes.
Something to look into.
Brownslave688
You want a toe? I can get you a toe.
He should be withholding $350+ per week for his 401k.
