UPS Special Pension Payment Offer

Discussion in 'UPS Discussions' started by GOAT/BESTSORTERALIVE, Oct 12, 2019.

  1. GOAT/BESTSORTERALIVE

    GOAT/BESTSORTERALIVE Active Member

    big decision


    upload_2019-10-12_9-16-54.png
     
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  2. Indecisi0n

    Indecisi0n Well-Known Member

    Can't you just direct deposit it to United Way?
     
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  3. Blazian81

    Blazian81 Member

    you part-time?
     
  4. bumped

    bumped Well-Known Member

    How many pension credits do you have?
     
  5. DumbTruckDriver

    DumbTruckDriver Allergic to cardboard.

    Go for the instant gratification. Think about all the XBox games and weed you could buy, bruh!
     
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  6. Indecisi0n

    Indecisi0n Well-Known Member

    Don't forget the funyuns !
     
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  7. brownmonster

    brownmonster Man of Great Wisdom

    Nice tax hit on the lump sum.
     
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  8. Option B is a rip off. It will take you 20 years of payments to get the lump sum amount
     
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  9. burrheadd

    burrheadd KING Of GIFS

    take the lump sum and have @BakerMayfield2018 bet it on football this weekend

    you’ll be rich beyond your dreams
     
  10. Jones

    Jones fILE A GRIEVE! Staff Member

    At your age I'd roll the lump sum into an IRA.
     
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  11. MECH-lift

    MECH-lift Union Brother

    what is the screen OP is in? They doing buy outs?
     
  12. MECH-lift

    MECH-lift Union Brother

    Don’t bet on the Browns lol
     
  13. rod

    rod retired and happy

    Retirement date 2040?------I'd shoot myself.
     
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  14. upsbeernut

    upsbeernut Sometimes i feel like a nut sometimes i dont

    I’d let you shoot me first, you go second
     
  15. upsbeernut

    upsbeernut Sometimes i feel like a nut sometimes i dont

    I’m leaving in three years cause this will be the last contract ups will give everything and they will let the strike happen and ask amazon to handle the volume. Wait and see
     
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  16. GOAT/BESTSORTERALIVE

    GOAT/BESTSORTERALIVE Active Member

    not bad for a part time job. After the 30% tax hit Ill probably have about 25k left . The roll over to IRA is the logical option .
     
  17. No tax on a rollover
     
  18. 542thruNthru

    542thruNthru Well-Known Member

    Leaving or retiring?
     
  19. Jones

    Jones fILE A GRIEVE! Staff Member

    Unless it's to a roth.
     
  20. GOAT/BESTSORTERALIVE

    GOAT/BESTSORTERALIVE Active Member

    thats right good point