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Turbocharge Your UPS 401(k)

February 20, 2017

One of the best gifts you can give your future self is contributing as much as possible to your 401(k) now. You never meet anyone who says "I wish I could go back in time to tell myself to not put so much in my 401(k)."

While maximizing contributions alone are fantastic, you may want to consider these additional strategies:

  • After-Tax Contributions: Beyond the published maximums if you are a high-income earner you can make after-tax contributions that can translate to future Roth IRA funds.
  • Self-Directed: The self-directed window can open opportunities beyond the generic options into individual stocks, bonds, mutual funds, and even professional money managers.
  • Complementary choices: Coordinate your allocation choices with your non-401(k) assets to complement each other.

Consider your investment know-how and comfort level before choosing one of these strategies or how to invest your 401k.

Speaking with an advisor may be a gift to the future you as you make these difficult decisions.

We are experienced with providing unique planning strategies for UPS employees and retirees to help them enjoy the achievements of their life and work.