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UPS to freeze pension plans for nonunion staffers
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<blockquote data-quote="olroadbeech" data-source="post: 2927978" data-attributes="member: 52145"><p>should be an eye opener to hourlies that want that dollar raise every year.</p><p></p><p>take less upfront to secure a better retirement. you'll be there before you know it and have to depend on hourlies to keep your pension strong.</p><p></p><p>scary now that i am retired.</p><p></p><p>fortunately , I maxed out the 401k every year and since my spouse did not work and we made less than the IRA threshold I was able to max out our IRA's too.</p><p></p><p>don't ever depend on one source of retirement income. pay off house, max 401k and IRA's if you can , pay off cars and all other debt and save, save, save cash.</p></blockquote><p></p>
[QUOTE="olroadbeech, post: 2927978, member: 52145"] should be an eye opener to hourlies that want that dollar raise every year. take less upfront to secure a better retirement. you'll be there before you know it and have to depend on hourlies to keep your pension strong. scary now that i am retired. fortunately , I maxed out the 401k every year and since my spouse did not work and we made less than the IRA threshold I was able to max out our IRA's too. don't ever depend on one source of retirement income. pay off house, max 401k and IRA's if you can , pay off cars and all other debt and save, save, save cash. [/QUOTE]
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UPS to freeze pension plans for nonunion staffers
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