He's just messing with you
UPS Special Pension Buyout Offer - December 2016
- Thread starter JMR07168
- Start date
Kinda figured that lolHe's just messing with you
To everybody can we please stop with the negative comments what we do with our money is our business we made the decision that best fit our circumstances we don’t need any negative energy maybe for some the lump sum was worth it or others roll it over I know for me $24,000 was much better than waiting 34 years for $717/month but anyway if you guys start seeing deposits or rollover checks this week please share and post
burrheadd
KING Of GIFS
will do
EXCELLENT POINT!
Did you find anything out yet today?
I called they said on or before the 23rd so could be this week or on next Monday
Ahh so no hope for today haha
Not today smh
but I will call the actual retirement center and see@Tinka16 try emailing them [email protected] to try and get a more definitive date on direct deposit
ronjohn
Winston
I have been disabled for 9 years am 62. my buyout is 60000. or an annuity of 341 a month today. 402 if I am 65. 60000 now? at 341 a month it will take 12 years to reach my after tax payout basically the same at 65. since I am above 59, there is no additional 10% penalty. My take home buyout 47000. I will get a refund from IRS of 5-6000 approx. 53000 after all is said and done. No brainer for me. I still get SSD every month. Everyone's circumstances are different. hope you figured everything out. I worked UPS part time for 11 years. Its a good deal for me.
ronjohn
Winston
if your still employed they cannot offer a buyout
So your taking the buyout too
EXACTLY !! The know it all's think it's one size fits all and want to show how they "know" how to manage money. It's everyone's prerogative how they use their money.
ronjohn
Winston
59and a half
Exactly I have a right to do what I want with my funds
Didn’t get payment confirmation letter today called the pension hotline one rep said last week expect it in the upcoming week another rep said expect it after the disbursement smh ups is still the same can’t get their information straight but the 23rd one week away glad I still work
ronjohn
Winston
59 and one half nothing to do an IRS rule, it's a penalty not tax, remember they give you a tax break when you contribute to an IRA, 401 etc. who's your accountant? bozo the clown
If they knew so damn much about money why did they work at ups
ronjohn
Winston
lots to sort follow rules you'll get before the new year they want to disburse the 2019 tax liability
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