From pension to 401k
- Thread starter bmd22
- Start date
UnionStrong
Sorry, but I don’t care anymore.
What language does your pension speak?
Does your pension plan off your lump sum option?
542thruNthru
Well-Known Member
Wow I'm impressed. That's a intelligent joke for you. That AZ sun has really reinvigorated you! Lol
That be nice to check out. I asked my ft sup for info but he did never get back to me on that.
Over70irregs
Well-Known Member
PoirotAtUPS
Well-Known Member
Whatyou talkin bout Willis? This conversion does not exist.
Over70irregs
Well-Known Member
1. Stack 401k. Immediately DYOR
2. Do 5 years for pension.
3. Look sharp don’t get cut.
Over70irregs
Well-Known Member
Should the Teamsters/UPS 401k plan allocate to Bitcoin ETF when approved? | UPS Discussions
Moderators: Allow the people to vote for a week prior to moving post if possible. https://www.cnbc.com/2023/12/22/the-spot-bitcoin-etf-race-could-quickly-reach-your-401k-plan.html
www.browncafe.com
Why would you ask your sup?
Over70irregs
Well-Known Member
Big control incoming.Should the Teamsters/UPS 401k plan allocate to Bitcoin ETF when approved? | UPS Discussions
Moderators: Allow the people to vote for a week prior to moving post if possible. https://www.cnbc.com/2023/12/22/the-spot-bitcoin-etf-race-could-quickly-reach-your-401k-plan.html
Babagounj
Strength through joy
When investing moneys , just remember that your best friend is time.
Pension amounts are usually a preset amount ; years worked = a defined amount.
While 104Ks are moneys that you decide how they will grow.
Depending on your risk factors and for how long you wish to invest in order to reach a certain amount.
In my case ; pension was based on working 1800 hours/ year to achieve one year's pension credit.
Even as a p/t , I was able to do this.
Which greatly increased the amount I ended up with. { over 33 years of pension credit }
I decided that 17% for several years was a good amount to put into my 401K, I later dropped it down a bit.
I still invest in high risk funds while removing $30,000 / year for fun stuff.
My balance is still quite high and will not run out until I'm 105.
ps. I don't plan on receiving SS until age 70.
Pension amounts are usually a preset amount ; years worked = a defined amount.
While 104Ks are moneys that you decide how they will grow.
Depending on your risk factors and for how long you wish to invest in order to reach a certain amount.
In my case ; pension was based on working 1800 hours/ year to achieve one year's pension credit.
Even as a p/t , I was able to do this.
Which greatly increased the amount I ended up with. { over 33 years of pension credit }
I decided that 17% for several years was a good amount to put into my 401K, I later dropped it down a bit.
I still invest in high risk funds while removing $30,000 / year for fun stuff.
My balance is still quite high and will not run out until I'm 105.
ps. I don't plan on receiving SS until age 70.
burrheadd
KING Of GIFS
You ever seen a Dr. about your dyslexia?
I have a 041K myself
Wally
BrownCafe Innovator & King of Puns
Get a job after retirement that offers the 401k. Dump pension check into account.
UnionStrong
Sorry, but I don’t care anymore.
What’s that, for retired gay drivers?
Yes I guess you got one then
UnionStrong
Sorry, but I don’t care anymore.
oldngray
nowhere special
He's still actively ... gay.
Over70irregs
Well-Known Member
Boss. What about new guys with all the $ printing at such highs?
