Thread: UPS Pay Rates
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Old 08-18-2022 | 07:31 AM
  #27  
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767pilot
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From: 767 captain
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Originally Posted by MTSUFlyer

An important note about “UPS/IPA MPP” fund, which is also called an ATTD-After Tax, Tax Deferred, is that even though it’s after-tax dollars, like a ROTH, the earnings are taxed, unlike a ROTH. Fortunately, our plan with Fidelity allows for in-service conversion. You can take contributions and earnings made to the ATTD and roll over into a traditional IRA, then convert into a ROTH IRA (similar to a back door ROTH).
Fidelity has been letting me roll mine right into a Roth without a stopover in a traditional. This is the 3900ish amount. I don't know anything about an additional 5%.
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