I preach to all of the drivers. I've gotten through to a couple of them.
Bye Bye Pension and Hello to matching 401k coming in 2023?
- Thread starter 1whofan
- Start date
Better than 7....
CoffeeStainedUniform
Well-Known Member
I don't need to.
BTW, I don't use a credit union but I've been extrordinarily happy with Schwab for some of my investment accounts. Their checking doesn't have foreign transaction fees and refunds ATM charges worldwide. Their customer service is top notch...check them out.
1989
Well-Known Member
Could be more, but not less. It’s part of my retirement plan.
burrheadd
KING Of GIFS
Sounds like a Schwab salesman
CoffeeStainedUniform
Well-Known Member
Schwab salesman who sneakily has honed in on the ups teamsters forum. Sounds like a winning plan to me.
Talk to Chuck. Schwab chased away the retail investors.
dudebro
Well-Known Member
Anyone who understands that they might have a 35 year time horizon at 55.
dudebro
Well-Known Member
Both. This particular issue isn't either/or.
sandwich
The resident gearhead
That's a good question that all of us have the immediate answer to. It's actually so easy to answer I'll let somebody else answer it.
This a question no one can answer.
BigUnionGuy
Got the T-Shirt
CoffeeStainedUniform
Well-Known Member
The committee for pre-contract ratification policy in conjuction with the precogs have decided to make a one time opt in for all grandfathered pension plans.
IGotARock
Well-Known Member
They'll have to stick around a few more years to get vested in the 401K.
Brownslave688
You want a toe? I can get you a toe.
That would be awesome but ain't gonna happen as long as we have union representation.
1989
Well-Known Member
Great, I’m going to retire yesterday. Wait a minute, you wouldn’t lie to me, would you?They will take every cent that UPS has contractually contributed over the years that is in your individual Pension Fund and roll it over into your 6 percent match 401k Plan.
Trust me on this...
BigUnionGuy
Got the T-Shirt
Brownslave688
You want a toe? I can get you a toe.
N
Been over this a million times.
If I had the pension monies put in my 401k I'd retire a millionaire a few times over. As should anyone.
With the pension I'll have to live 20 years into retirement just to break even.
Been over this a million times.
If I had the pension monies put in my 401k I'd retire a millionaire a few times over. As should anyone.
With the pension I'll have to live 20 years into retirement just to break even.
BigUnionGuy
Got the T-Shirt
But, it's not an option.
People can speculate all they want.
If you could be compensated "as well as you are" you would be there.
Would have.... could have.... should have....
It's just not a valid argument.
-Bug-
