FedEx Freight | Mandatory Meetings

Glad thing are going good for you! Me as well. I'm one of the senior guys and as one I expect it to count for something. Im in good financial shape and would like to make good bank the last 5 or 6 years. They base your social security on your best 30 years. Don't plan on the last 5 pulling that number down.

I'm an all the way at the bottom guy lol. I don't social security will be a thing when I'm 65 or they'll raise the age to qualify to 80. I'm planning for my retirement, if I get social security that would be a monthly bonus.
 
Glad thing are going good for you! Me as well. I'm one of the senior guys and as one I expect it to count for something. Im in good financial shape and would like to make good bank the last 5 or 6 years. They base your social security on your best 30 years. Don't plan on the last 5 pulling that number down.
I'm pretty sure everyone here will max out on Social Security. Working extra is unlikely to change your benefit.

Nothing wrong with stacking the bank. Just don't do to increase SS numbers.
 
I'm pretty sure everyone here will max out on Social Security. Working extra is unlikely to change your benefit.

Nothing wrong with stacking the bank. Just don't do to increase SS numbers.
Doubtful. For 2018 as a single you'd have to make $128,000. It's based on your top 35 working years average. Not saying some don't make that here. The vast majority don't. And every dollar counts toward your 35 year ave.
 
Doubtful. For 2018 as a single you'd have to make $128,000. It's based on your top 35 working years average. Not saying some don't make that here. The vast majority don't. And every dollar counts toward your 35 year ave.
Interesting. You are absolutely correct :1036316054:. I did NOT know that. Thanks.

I do see that there is a significantly diminished return as the earnings approach the Max taxable.


And every dollar counts toward your 35 year ave.
Every dollar counts, but to varying (lesser) degrees.

Based on your average indexed monthly earnings (AIME), of those 35 years:

  • 90% of your AIME up to $926;
  • 32% of your AIME between $926 and $5,583; and
  • 15% of AIME above $5,583
https://www.fool.com/investing/2018/09/11/how-much-do-you-need-to-earn-to-max-out-your-socia.aspx
 
Interesting. You are absolutely correct :1036316054:. I did NOT know that. Thanks.

I do see that there is a significantly diminished return as the earnings approach the Max taxable.



Every dollar counts, but to varying (lesser) degrees.

Based on your average indexed monthly earnings (AIME), of those 35 years:

  • 90% of your AIME up to $926;
  • 32% of your AIME between $926 and $5,583; and
  • 15% of AIME above $5,583
https://www.fool.com/investing/2018/09/11/how-much-do-you-need-to-earn-to-max-out-your-socia.aspx
Thanks for posting this
 
Legally, you have to allocate enough time, where everyone can use every hour they have, for that respective year.


My old barn was good about that. They had to adjust, and find weeks that were historically lighter, so 2,sometimes even 3 drivers off at one time.
Xmas, and NY week, there would sometimes be up to 5 off.


Speaking for city, road was usually 3x those numbers off.
 
I pay $58 a month, my total out of pocket for family is $2000 . your health insurance is not even close to ours..
So.....had to do the math. $58/month dues multiply by 12 months gives you $696/year. Assume you hit out of pocket of $2000.
That is $2696/year. Divide by 52 weeks and your cost for the "free" insurance is $51.84/week. Still a good deal, no doubt. But not free
 
So.....had to do the math. $58/month dues multiply by 12 months gives you $696/year. Assume you hit out of pocket of $2000.
That is $2696/year. Divide by 52 weeks and your cost for the "free" insurance is $51.84/week. Still a good deal, no doubt. But not free
true. but I would hit my out of pocket just i. case any member of my family or myself needed a surgery.. my total deductible for all my family is just $900. I'm pretty sure your deductible is higher than mine and your out of pocket is no less than $8,000 in case of surgery.
 
Top