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.
About 72,000 workers had amassed $1 million or more in their 401(k) retirement plans at the end of 2014, according to Fidelity. That's nearly twice as many as in 2012 and almost five times as many as a decade ago.Many just made the mark: More than half of the 401(k) millionaires had balances of $1 million to $1.25 million at the end of 2014, while 39 percent had $1.25 million to $2 million; 9 percent had more than $2 million saved. Taking advantage of the company's matching contribution brought the average contribution for a 401(k) millionaire to $35,700 last year. 2  Most employers will match the money that you contribute in some way. 3  Don't leave this free money on the table.