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.
You can vary the profit sharing percentage from 25% of your salary or earnings to all the way down to zero%. It works the same with the 401k salary or earnings deferral. You can have a maximum 401k deferral of $17,500 in 2014 ($23,000 age 50) or all the way down to a zero deferral.The profit sharing feature of your retirement plan allows you to make an additional contribution of up to 25% of your salary or earnings.The total amount of both the 401k deferrals and the profit sharing contributions are limited to a maximum of $52,000 in 2014. The maximum amount for 2015 is increased to $53,000.ou can vary the profit sharing percentage from 25% of your salary or earnings to all the way down to zero%. It works the same with the 401k salary or earnings deferral. You can have a maximum 401k deferral of $17,500 in 2014 ($23,000 age 50) or all the way down to a zero deferral.