Originally Posted by TANSTAAFL

And you don't think every other major airline, including fNWA has/had the same liability concerns, consultation, and legal issues? This is hardly unique to the DAL culture. Frankly if it was I think they would be a lot more standardized, not less.

Assuming the legal concerns are common, explain the difference between DAL manuals and training. Also explain why flying differently than you train helps that argument. I'll take your response off the air if you prefer, otherwise I'll lend you a shovel

Originally Posted by acl65pilot

Slow, great points, I also stated that we could look at variances and or other options.
Sorry I put 401C that was a mistake, looking at some other stuff on my side of things and that was on my mind, should have said 415C

I know I am one that like to have as much money in a tax deferred account as possible. I know I would put at much as I could there since these types of payments are taxed at a much higher rate if they are paid to you in the form of a bonus check.

That said, I know many would want the cash.

So lets talk about this. How could we have the option of putting it in a 415C et al but allow pilots the option to take the cash instead. I am stumped, but I would like to give them that option. I guess we could have two options on what the payment is called to get around the goose and gander issues with said payments.
Thoughts?

Originally Posted by Guard Dude

A friend of mine said this thread is still going! I had to check it out. Holy Crap, that's awesome! I just got back from a "ground job" rotation to Kandahar AB. Starting back at Delta this week. I'm displacing back to the 88. Looking forward to being a lineholder. As a commuter, I have decided to chase quality of life.

Hope everyone is doing well.

Cheers!

G. Dude

Originally Posted by Guard Dude

A friend of mine said this thread is still going! I had to check it out. Holy Crap, that's awesome! I just got back from a "ground job" rotation to Kandahar AB. Starting back at Delta this week. I'm displacing back to the 88. Looking forward to being a lineholder. As a commuter, I have decided to chase quality of life.

Hope everyone is doing well.

Cheers!

G. Dude

Originally Posted by acl65pilot

Great points. I also think that a pilot, like with a bonus check could stick as much of a revenue sharing check as they want/can in to a tax protected account. See if we can max our 401K out each year, see if we can set up a 401C. I personally would put as much as I could in to these types of an account.
a 1% bump in DC contribution a year, plus this, and I may actually get to retire at 55.

Originally Posted by Guard Dude

A friend of mine said this thread is still going! I had to check it out. Holy Crap, that's awesome! I just got back from a "ground job" rotation to Kandahar AB. Starting back at Delta this week. I'm displacing back to the 88. Looking forward to being a lineholder. As a commuter, I have decided to chase quality of life.

Hope everyone is doing well.

Cheers!

G. Dude

Originally Posted by Guard Dude

A friend of mine said this thread is still going! I had to check it out. Holy Crap, that's awesome! I just got back from a "ground job" rotation to Kandahar AB. Starting back at Delta this week. I'm displacing back to the 88. Looking forward to being a lineholder. As a commuter, I have decided to chase quality of life.

Hope everyone is doing well.

Cheers!

G. Dude

Originally Posted by flap

Can't do it. As Slow correctly pointed out, if there is a choice, then it is an elective deferral under the plan and subject to the lower 401(k) limitation.

Originally Posted by fishguy79

The fact that the federal government is studying the idea of forcing ERISA qualified pensions to buy annunities from the Federal Government makes me not want to put all my retirement money in tax deferred accounts.