When is the next restructure?

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anonymous said:
Let's put aside how or where one chooses to live. Fact is many planned to take the one time lump and set it aside in Fidelity or elsewhere. Folks would draw from it as needed and pay taxes as they go. Someone may need 30k for a new roof or need nothing at all. Point is, with the annuity, Merck slooooowly pays out monthly and some may have benefited from the lump. Some may have used it to buy a vacation pad without a mortgage or another to draw 50k for a wedding.

2-3k is fine if you sit home and do jack. A cruise for 2 is 3k, heck, the the minimum for my country club is 2k per month and I've got 2 weddings to pay for. Some feel retirement is sittin home watching Wheel of Fortune. I want my flippen lump so I don't retire like a chump. The idea that Smerck will delve out .005 of my pot monthly pisses me off. When I die I figured 65% of my money will be remaining which my kids will get killed on by the Feds as my estate is over 5.5. Give me the dough now so I can hide/loophole it so I don't have to give it to the dems.

Merck always wins, that's the truth.
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You are my new hero, can I marry you?
 






anonymous said:
Let's put aside how or where one chooses to live. Fact is many planned to take the one time lump and set it aside in Fidelity or elsewhere. Folks would draw from it as needed and pay taxes as they go. Someone may need 30k for a new roof or need nothing at all. Point is, with the annuity, Merck slooooowly pays out monthly and some may have benefited from the lump. Some may have used it to buy a vacation pad without a mortgage or another to draw 50k for a wedding.

2-3k is fine if you sit home and do jack. A cruise for 2 is 3k, heck, the the minimum for my country club is 2k per month and I've got 2 weddings to pay for. Some feel retirement is sittin home watching Wheel of Fortune. I want my flippen lump so I don't retire like a chump. The idea that Smerck will delve out .005 of my pot monthly pisses me off. When I die I figured 65% of my money will be remaining which my kids will get killed on by the Feds as my estate is over 5.5. Give me the dough now so I can hide/loophole it so I don't have to give it to the dems.

Merck always wins, that's the truth.[/QUOTE

30k for a roof?? You better hire someone to manage the money you have left...
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anonymous said:
Let's put aside how or where one chooses to live. Fact is many planned to take the one time lump and set it aside in Fidelity or elsewhere. Folks would draw from it as needed and pay taxes as they go. Someone may need 30k for a new roof or need nothing at all. Point is, with the annuity, Merck slooooowly pays out monthly and some may have benefited from the lump. Some may have used it to buy a vacation pad without a mortgage or another to draw 50k for a wedding.

2-3k is fine if you sit home and do jack. A cruise for 2 is 3k, heck, the the minimum for my country club is 2k per month and I've got 2 weddings to pay for. Some feel retirement is sittin home watching Wheel of Fortune. I want my flippen lump so I don't retire like a chump. The idea that Smerck will delve out .005 of my pot monthly pisses me off. When I die I figured 65% of my money will be remaining which my kids will get killed on by the Feds as my estate is over 5.5. Give me the dough now so I can hide/loophole it so I don't have to give it to the dems.

Merck always wins, that's the truth.
Click to expand...

If you don't want to the Feds to decimate your estate, you need to do an Expemption Trust which will give you a huge buffer, against any Estate Tax on your estate, even if it's well over 5.5 mil. See a good trust attorney and get it done. It will cost you a few thousand now, but it will be the insurance policy you need for your estate.
 






anonymous said:
Let's put aside how or where one chooses to live. Fact is many planned to take the one time lump and set it aside in Fidelity or elsewhere. Folks would draw from it as needed and pay taxes as they go. Someone may need 30k for a new roof or need nothing at all. Point is, with the annuity, Merck slooooowly pays out monthly and some may have benefited from the lump. Some may have used it to buy a vacation pad without a mortgage or another to draw 50k for a wedding.

2-3k is fine if you sit home and do jack. A cruise for 2 is 3k, heck, the the minimum for my country club is 2k per month and I've got 2 weddings to pay for. Some feel retirement is sittin home watching Wheel of Fortune. I want my flippen lump so I don't retire like a chump. The idea that Smerck will delve out .005 of my pot monthly pisses me off. When I die I figured 65% of my money will be remaining which my kids will get killed on by the Feds as my estate is over 5.5. Give me the dough now so I can hide/loophole it so I don't have to give it to the dems.

Merck always wins, that's the truth.
Click to expand...

If you don't want to the Feds to decimate your estate, you need to do an Exemption Trust which will give you huge buffer, against any Estate Tax on your estate, even if it's well over 5.5 mil. See a good trust attorney and get it done. It will cost you a few thousand now, but it will be the insurance policy you need for your estate.
 


















anonymous said:
Let's put aside how or where one chooses to live. Fact is many planned to take the one time lump and set it aside in Fidelity or elsewhere. Folks would draw from it as needed and pay taxes as they go. Someone may need 30k for a new roof or need nothing at all. Point is, with the annuity, Merck slooooowly pays out monthly and some may have benefited from the lump. Some may have used it to buy a vacation pad without a mortgage or another to draw 50k for a wedding.

2-3k is fine if you sit home and do jack. A cruise for 2 is 3k, heck, the the minimum for my country club is 2k per month and I've got 2 weddings to pay for. Some feel retirement is sittin home watching Wheel of Fortune. I want my flippen lump so I don't retire like a chump. The idea that Smerck will delve out .005 of my pot monthly pisses me off. When I die I figured 65% of my money will be remaining which my kids will get killed on by the Feds as my estate is over 5.5. Give me the dough now so I can hide/loophole it so I don't have to give it to the dems.

Merck always wins, that's the truth.
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Yeah, you’re a financial mogul schlepping lunches for Merck. OK, I believe you. Hahahahaha!
 






anonymous said:
Yeah, you’re a financial mogul schlepping lunches for Merck. OK, I believe you. Hahahahaha!
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Wrong. 52 years old with 30 years of service, rep until age 25, manager until age 30, hq middle management until 46 and exec director since. 2.8 in 401k and 5.2 in lump sum modeling. Took home 406k total in 2018 so certainly not a lunch schlepp as you say. What have you accomplished in your Mrk career? Let me guess, 20 years in and you still Januvia earning 130k per year, drive a lezbaru and get no stock.

My point was I am considering leaving as I'm worried the lump will no longer be offered, that's 5.2 million taxed as I draw from it. By the way, cc is entirely gone this October so go f yourself you insignificant field sales rep.
 












anonymous said:
Wrong. 52 years old with 30 years of service, rep until age 25, manager until age 30, hq middle management until 46 and exec director since. 2.8 in 401k and 5.2 in lump sum modeling. Took home 406k total in 2018 so certainly not a lunch schlepp as you say. What have you accomplished in your Mrk career? Let me guess, 20 years in and you still Januvia earning 130k per year, drive a lezbaru and get no stock.

My point was I am considering leaving as I'm worried the lump will no longer be offered, that's 5.2 million taxed as I draw from it. By the way, cc is entirely gone this October so go f yourself you insignificant field sales rep.
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Good for you. Always wondered what a director level pay was at Merck. I was laid off last round and was under the impression you cannot take the lump payment until you are 55, and and by doing so it is significantly less than if you wait until 65.

There were rumors before of a contract team coming in on another post. Originally after layoff, management said new CC was a 3-5 year plan. This fall marks 2 years.
 






anonymous said:
Wrong. 52 years old with 30 years of service, rep until age 25, manager until age 30, hq middle management until 46 and exec director since. 2.8 in 401k and 5.2 in lump sum modeling. Took home 406k total in 2018 so certainly not a lunch schlepp as you say. What have you accomplished in your Mrk career? Let me guess, 20 years in and you still Januvia earning 130k per year, drive a lezbaru and get no stock.

My point was I am considering leaving as I'm worried the lump will no longer be offered, that's 5.2 million taxed as I draw from it. By the way, cc is entirely gone this October so go f yourself you insignificant field sales rep.
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Don't you have to wait until 55 to take the lump? And even then it is significantly less than if you take it at 65.

CC has only been in place for a little over a year. Management said 3-5 year plan after last layoff. What information do you have that October it is over? Who is going to promote then - contract?
 






anonymous said:
Wrong. 52 years old with 30 years of service, rep until age 25, manager until age 30, hq middle management until 46 and exec director since. 2.8 in 401k and 5.2 in lump sum modeling. Took home 406k total in 2018 so certainly not a lunch schlepp as you say. What have you accomplished in your Mrk career? Let me guess, 20 years in and you still Januvia earning 130k per year, drive a lezbaru and get no stock.

My point was I am considering leaving as I'm worried the lump will no longer be offered, that's 5.2 million taxed as I draw from it. By the way, cc is entirely gone this October so go f yourself you insignificant field sales rep.
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I call BS! There is no way that a 401k maxed out including catch up would be worth more than 2 million. This guy is full of it. Dont believe a word that he says. Also the 5.2 number is 3-4 times what he would have avail after earning mid exec level salary for 30 years. He's probably a bent out of shape rep who just enjoys making up numbers. Get a life punk!
 






anonymous said:
Wrong. 52 years old with 30 years of service, rep until age 25, manager until age 30, hq middle management until 46 and exec director since. 2.8 in 401k and 5.2 in lump sum modeling. Took home 406k total in 2018 so certainly not a lunch schlepp as you say. What have you accomplished in your Mrk career? Let me guess, 20 years in and you still Januvia earning 130k per year, drive a lezbaru and get no stock.

My point was I am considering leaving as I'm worried the lump will no longer be offered, that's 5.2 million taxed as I draw from it. By the way, cc is entirely gone this October so go f yourself you insignificant field sales rep.
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I call BS! There is no way that a 401k maxed out including catch up would be worth more than 2 million. This guy is full of it. Dont believe a word that he says. Also the 5.2 number is 3-4 times what he would have avail after earning mid exec level salary for 30 years. He's probably a bent out of shape rep who just enjoys making up numbers. Get a life punk!
 






























anonymous said:
I sooo hope you are right. I hope they decide to cut managers more than reps. Managers are only needed to approve expense reports and that could be done by someone making $20,000 per year. They are just spies for corporate.
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Right...reps are a dime a dozen, industry saturated with them after years of layoffs...
 


















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