UPS Special Pension Buyout Offer - December 2016

[PaymeUPS]

Hello all! New here. Long time visitor. Also waiting on a paper check to be mailed. Will keep all updated... Thanking the internet gods for browncafe.

 

[bellegic02]

I tried to check my account and still I don't have it, hope to get tomorrow coz I need to buy a plane ticket going to the Philippines

 

[3girlcats]

i have navy federal and just checked my account and got my deposit

I just checked too. I'm with Bank of America. Deposit is in.

 

[kenman31]

Mine posted in bank 15 minutes ago!!!! They took the standard 20%

What part of the county do you live in?

 

[kenman31]

I just checked my acct and recieved my payout!!!

what part of the country do you live in?

 

[kenman31]

what part of the country do you live in?

I just checked too. I'm with Bank of America. Deposit is in.

 

[kenman31]

I tried to check my account and still I don't have it, hope to get tomorrow coz I need to buy a plane ticket going to the Philippines

What part of the country do you live in?

 

[kenman31]

Those that have received their payout.. What part of the country do you live in or even State? Thanks

 

[smoothb]

i bank with WELLS FARGO.... i just checked mine is there now.....

 

[smoothb]

North Carolina

 

[Coobie]

received took out 20%

 

[Waltdco]

Hello everyone! I checked my account and my DD is was there! Also, i checked the website and the GET PAID icon wasn't checked. So my advice is don't depend on the website at this point. Just check your account and incoming mail. Happy holidays!!!!!

 

[Tstorm]

Both mine just went in. I have TD bank.

 

[UPSandy36109]

Just called.
According to the rep, I'm in the first batch. It's going out certified snail mail.
I can only guess it's a paper check because I authorized a partial rollover to my IRA.
BUt it's coming from Texas to Alabama, so I figure if it goes out today or tomorrow, being certifed, should be no later than Monday-Tuesday at the latest.

 

[carebear]

I got mine also

 

[Tstorm]

Those that have received their payout.. What part of the country do you live in or even State? Thanks

Florida

 

[Gary Lyle]

Those that have received their payout.. What part of the country do you live in or even State? Thanks

Missouri direct deposit worked today! Woo-hoo!

 

[Nomoturkey]

Is there anyone who received their dd today that called Mellon bank and asked when were their funds were released? The reason I ask is because Mellon would have had to do that prior to today for people to be getting it today ... no? Wife worked in banking and said all those type of funds have to go to the fed reserve first then to our banks hence the 2 business days.

 

[Catatonic]

What about the 10% for being under 59 1/2? Will that be taxed with the 20% now as well? Or will I have to pay that in 2017 when I file?

One has 60 days to rollover into an IRA so the 10% penalty is not taken out up front.

 

[Rebecca2008]

Kentucky