Thread: Age 60???
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Old 12-13-2007, 05:08 PM   #5 (permalink)
fdxmd11fo
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Joined APC: Aug 2006
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If you are in the left seat you get to keep on making the big bucks.

If you are young there are retirement issues and tax issues. We have a B fund because we were forced to retire prior to Social Security. There will be a huge fight and tax implications on our B funds now.

At my company if you retire early there is a 3 % per year penalty. If I retire at 60 Fedex will take 15% of my retirement so in stead of getting 50%. I get 35%.
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