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IMPORTANT DETAILS on the transition of the Teamster UPS National 401(k) Tax Deferred Savings Plan. S UP (k) TAXMAN RE R UTC STE L 401 NGS F URE RAMONA SAVE T SEC TI RED RA E NA ER ELEV DEF NG TO D
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The teamsterups401kplan is a retirement savings plan sponsored by UPS for its employees who are members of the Teamsters Union.
UPS is required to file the teamsterups401kplan on behalf of its employees who participate in the plan.
The teamsterups401kplan is filled out by UPS according to the information provided by its employees who participate in the plan. Employees can typically provide their personal and employment information as well as their investment preferences and contribution amounts.
The purpose of the teamsterups401kplan is to provide employees with a tax-advantaged way to save for retirement. It allows employees to contribute a portion of their pre-tax income to the plan, which is then invested and can grow over time until retirement.
The teamsterups401kplan typically requires the reporting of personal and employment information of participating employees, as well as details of their contributions and investment choices.
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