UPS Special Pension Buyout Offer - December 2016

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.
I have to pay state tax CA 1500 oh well
 

ronjohn

Winston
Merry Christmas from
La Jolla Ca people
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Mimia25

Member
@Shecoope or anyone that this information is beneficial too, if you have not received a email/letter in the mail( they will be sent out on 12/19/19 via USPS), ( CHECKS will be mailed ON 12/23/19 via USPS), BNY MELLON has received information to review/process AS OF TODAY 12/17/19, but they have UNTIL 12/23/19 @the END OF BUSINESS DAY to DD into people bank account. (IF YOU DO NOT RECEIVE A DD ON THAT DATE, CALL BNY MELLON/18006347936 ON 12/24/19 B4 12PM BECAUSE THEY WILL BE CLOSED FOR XMAS HOLIDAY). I received this information from 2 reps. @ ups special pension(18552168048). DD MAY POST BY FRIDAY OR WEEKEND, IF SO PLEASE SHARE.
 

Shecoope

Well-Known Member
@Shecoope or anyone that this information is beneficial too, if you have not received a email/letter in the mail( they will be sent out on 12/19/19 via USPS), ( CHECKS will be mailed ON 12/23/19 via USPS), BNY MELLON has received information to review/process AS OF TODAY 12/17/19, but they have UNTIL 12/23/19 @the END OF BUSINESS DAY to DD into people bank account. (IF YOU DO NOT RECEIVE A DD ON THAT DATE, CALL BNY MELLON/18006347936 ON 12/24/19 B4 12PM BECAUSE THEY WILL BE CLOSED FOR XMAS HOLIDAY). I received this information from 2 reps. @ ups special pension(18552168048). DD MAY POST BY FRIDAY OR WEEKEND, IF SO PLEASE SHARE.
Ok what time did you call them
 
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