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UPS/TEAMSTERS 401K any good?
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<blockquote data-quote="Catatonic" data-source="post: 615006" data-attributes="member: 7966"><p>Congrats on achieving this goal ... don't trust UPS or the Teamsters to take care of your retirement.</p><p>I have maxed out for as long as I can remember but the last three years, I got money kicked back to me because of IRS rules. The actual max (at least for management) is around $13, 000 ... I don't know about drivers but be aware. If you file your income tax early, you may have to file a corrected filing with the returned money added back into your wages. This limit does not affected your over age 50 contribution which is $5500 this year I think...last year it was $5500.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 615006, member: 7966"] Congrats on achieving this goal ... don't trust UPS or the Teamsters to take care of your retirement. I have maxed out for as long as I can remember but the last three years, I got money kicked back to me because of IRS rules. The actual max (at least for management) is around $13, 000 ... I don't know about drivers but be aware. If you file your income tax early, you may have to file a corrected filing with the returned money added back into your wages. This limit does not affected your over age 50 contribution which is $5500 this year I think...last year it was $5500. [/QUOTE]
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