How Truck Drivers are Paid. In general, drivers get paid in one of three ways: by the hour, by the load, or by the mile. City deliver drivers who stay in the same town and travel the same route (like UPS drivers) are normally paid by the hour. Hourly employees may be able to earn overtime pay when work is really busy.
After you have contributed a maximum to your 401k every year, contribute at least 20% of your after tax income after 401k contribution to your savings or retirement portfolio accounts. That way, you will have potentially DOUBLE the amount in total retirement saving if your household income is $100,000 or more.he average 401k balance as of May 2015 is around $92,800 according to Fidelityâs 12 million accounts, thanks to an incredible 30% rise in the S&P 500 in 2013, followed by another 13% increase in the S&P 500 in 2014.
If your employer sets a 4-percent limit of your salary and you gross $30,000, that means the most you could contribute each year is $1,200. That comes to $100 a month in pretax dollars. If you can afford to spare $100 a month in this scenario, you would be taking maximum advantage of the retirement plan.If you could not afford $100, contribute as much as possible and work you way up to the 4-percent level as soon as possible.orkers with 401ks authorize employers to take pretax dollars out of their paychecks and deposit the money into the employee savings plan, where the funds will grow tax-free until withdrawn at retirement. Employees participating in company 401k plans have the option of deciding how much they will contribute each month.