UPS Special Pension Buyout Offer - December 2016

[Blackmamba24]

I agree it would be awesome to receive it before Christmas.

 

[sox]

If he elected rollover the proceeds would not have been direct deposited in to his personal account.

Are you also a CPA? You have 60 days to decide where to roll it where else would you as a financial advisor recommend the check be deposited?

 

[Submariner2016]

Yes me too

I'm not bitchin' - just excited!

. I am excited to. I am waiting to get that Rolex!

 

[Carol Field]

If anyone else gets paid, please post. I'm expecting a rollover check, so I'm praying they hurry up and mail it already. This is how big I open my eyes when the mail arrives. Lol

 

[Prissy0120]

would

I am doing direct deposit for half and the other portion will be by check. When I called the hotline they explained the check would be made out to me & the rollover company, which is listed on my paper work.

 

[UpstateNYUPSer(Ret)]

Are you also a CPA? You have 60 days to decide where to roll it where else would you as a financial advisor recommend the check be deposited?

Directly in to his 401k or other retirement account?

 

[UpstateNYUPSer(Ret)]

I do hope that some of you will come back after you have filed your 2016 taxes to tell us if you would have elected to do the same or if you would done the right thing by choosing the rollover.

 

[Prissy0120]

I do hope that some of you will come back after you have filed your 2016 taxes to tell us if you would have elected to do the same or if you would done the right thing by choosing the rollover.

Do the right thing by choosing the rollover? I believe people are doing what is right for their situation at this time. There is no right or wrong way. It is whatever the individual decides to do. Not my place to judge.

 

[Nomoturkey]

I totally agree Prissy. I find it amusing how some people feel the need to tell others what to do/how to spend other people's Money.

 

[Malcom Massey]

I also had this happen, same thing, they originally received mailed package 10/18, two calls confirmed package complete, third call 11/21 discovered missing spousal consent doc, was allowed to scan & upload same day, confirmed this all with a supervisor, now shows complete. Only rub? it shows my election was made 11/21 with a deadline of 11/12, so we will see.

 

[burrheadd]

Do the right thing by choosing the rollover? I believe people are doing what is right for their situation at this time. There is no right or wrong way. It is whatever the individual decides to do. Not my place to judge.

Preach it Sista

 

[kenman31]

Were they specific on what order the direct deposits were going out? Or was it they were going to just start but in no particular order if that makes sense.

No.. They didn't tell me that, but then again I didn't ask. I would think it would processed like all other retirement and pension pay..in bulk

 

[Gary Lyle]

If anyone else gets paid, please post. I'm expecting a rollover check, so I'm praying they hurry up and mail it already. This is how big I open my eyes when the mail arrives. Lol

This is what I am looking for everyday!

 

[Nomoturkey]

This is what I am looking for everyday!
View attachment 108459

This is what I am looking for everyday!
View attachment 108459

This is what I am looking for everyday!
View attachment 108459

For what it's worth, My friend who received lump sum yesterday Is NOT showing paid on line 5.

 

[Gary Lyle]

For what it's worth, My friend who received lump sum yesterday Is NOT showing paid on line 5.

Interesting - maybe I should watch the bank account instead, Thanks!

 

[fishscale99]

This waiting sucks guys...

 

[Nomoturkey]

This waiting sucks guys...

Remember....they (Mellon of NY) are distributing payment in batches...guess this week is out. Let's hope next Thursday.

 

[By The Book]

This waiting sucks guys...

How long were you going to have to wait before this payment became available to you?

 

[By The Book]

Double your pleasure I guess..

 

[Gary Lyle]

How long were you going to have to wait before this payment became available to you?

10 years - just hit 55, but I feel like a kid waiting for Christmas day now!