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Old 11-05-2023, 06:23 AM
  #3281  
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Originally Posted by JamesBond
What's your logic for wanting 'as little as possible' to go into that account?
lower rate of return vs historical return of other investments. (In exchange for a safer investment)

I anticipate my top marginal tax rate for 2024 to be 24% . At that rate I’m not looking to defer taxes on my income.

I have a long time horizon til retirement. This plan definitely has its advantages, but it skews in favor of those with a shorter time til retirement. I plan to contribute more as I get older and relative safety of the MBCBP is more attractive.
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Old 11-05-2023, 10:25 AM
  #3282  
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Originally Posted by Gone Flying
lower rate of return vs historical return of other investments. (In exchange for a safer investment)

I anticipate my top marginal tax rate for 2024 to be 24% . At that rate I’m not looking to defer taxes on my income.

I have a long time horizon til retirement. This plan definitely has its advantages, but it skews in favor of those with a shorter time til retirement. I plan to contribute more as I get older and relative safety of the MBCBP is more attractive.
thanks......
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Old 11-05-2023, 05:40 PM
  #3283  
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Originally Posted by dragon
It'll be jam of the month club!
Jelly....not jam
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Old 11-07-2023, 08:41 AM
  #3284  
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Somebody's kid was playing with AI prompts. It reads like someone instructed Chat GPT
"Write an article about becoming a Delta pilot, but make it sound like I'm 14 years old with no real grasp on the industry."
​​​​​
Any guesses at the Dall-E-3 prompt for the pilot image?

https://pilotinstitute.com/delta-pilots/
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Old 11-07-2023, 09:08 AM
  #3285  
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Originally Posted by Gunfighter
Somebody's kid was playing with AI prompts. It reads like someone instructed Chat GPT
"Write an article about becoming a Delta pilot, but make it sound like I'm 14 years old with no real grasp on the industry."
​​​​​
Any guesses at the Dall-E-3 prompt for the pilot image?

https://pilotinstitute.com/delta-pilots/
You'd think someone with such a high opinion of Delta would spell Delta Air Lines correctly. I'm thinking ESL. It reads like a Nigerian prince email scam.
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Old 11-07-2023, 07:40 PM
  #3286  
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Originally Posted by Nick Bradshaw
You'd think someone with such a high opinion of Delta would spell Delta Air Lines correctly. I'm thinking ESL. It reads like a Nigerian prince email scam.
You know, I haven’t heard from that Nigerian Prince in a month. Has he taken me off his list?
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Old 11-08-2023, 12:01 AM
  #3287  
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Looking at the bid awards in November on the 73N, I’m a little perplexed as a new guy. In MSP, the bottom 5/6 pilots have lines with very little coverage awards (and with Thanksgiving off). In ATL, the bottom 40ish or so are reserve (with almost no coverage awards), and lots of coverage awards when you do get to the bottom lineholders.

Why is holding a line so much more senior in ATL? Is it just that there are a lot of commuters from Florida, whereas not a lot of commuters to the traditionally more senior MSP base? Is the flying less appealing in ATL?
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Old 11-08-2023, 05:18 AM
  #3288  
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Originally Posted by iLikeMoose
Looking at the bid awards in November on the 73N, I’m a little perplexed as a new guy. In MSP, the bottom 5/6 pilots have lines with very little coverage awards (and with Thanksgiving off). In ATL, the bottom 40ish or so are reserve (with almost no coverage awards), and lots of coverage awards when you do get to the bottom lineholders.

Why is holding a line so much more senior in ATL? Is it just that there are a lot of commuters from Florida, whereas not a lot of commuters to the traditionally more senior MSP base? Is the flying less appealing in ATL?
Holiday Pay seems to have had a varied effect on bidding behavior and overall reduction in coverage over Thanksgiving. MSP was a notable example of it. As to why pilots bid one way or another in different bases, those all sound like decent guesses. We don't have enough data.
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Old 11-08-2023, 03:02 PM
  #3289  
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Originally Posted by iLikeMoose
Looking at the bid awards in November on the 73N, I’m a little perplexed as a new guy. In MSP, the bottom 5/6 pilots have lines with very little coverage awards (and with Thanksgiving off). In ATL, the bottom 40ish or so are reserve (with almost no coverage awards), and lots of coverage awards when you do get to the bottom lineholders.

Why is holding a line so much more senior in ATL? Is it just that there are a lot of commuters from Florida, whereas not a lot of commuters to the traditionally more senior MSP base? Is the flying less appealing in ATL?
It varies by base and from year to year. I’ve been following coverage on a couple of A categories for about 3 Decembers. I figured maybe I could get an idea of bidding behavior etc. From one year to the next, there’s a huge flip flop on which base ends up with more guys getting coverage.
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Old 11-08-2023, 06:02 PM
  #3290  
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Originally Posted by Gunfighter
The IRS just published the 2024 Limits
415C limit $69,000
401K limit $23,000
Catch Up remains $7,500
Compensation Limit $345,000

2024 Retirement Plan Contribution Limits
Very informative. Thanks.

Nice to see that the IRS is giving a wink and a nod to actual inflation.

Wall street wants/needs the $$$.

Incredible to be working in a profession that allows this sort of adjustment.
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