Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Major > Delta
Any "Latest & Greatest" about Delta? >

Any "Latest & Greatest" about Delta?

Search

Notices

Any "Latest & Greatest" about Delta?

Thread Tools
 
Search this Thread
 
Old 10-22-2010, 05:10 AM
  #50591  
Gets Weekends Off
 
hoserpilot's Avatar
 
Joined APC: Jan 2008
Position: maddoggy dog
Posts: 1,026
Default

Originally Posted by FmrFreightDog
(btw... how are you running out of wings? I thought M88B guys on reserve lived the high life sipping beers and watching football.... Does this mean I'll occasionally have to work????)

(-: I haven't worked this month. Maybe next month. Can't wait to see all the crap stuffed in my v-file. I might need the rest of the month off just to do my jepps. Still just 16 duty days since Aug 1!!! We've been watching so much football, and now hockey, that we've been banned from the neighbors basement bar. My buddies wife has closed OUR man cave for a week. She said all the guys in the neighborhood are on time-out. Phooey!!!
hoserpilot is offline  
Old 10-22-2010, 06:04 AM
  #50592  
veut gagner à la loterie
 
forgot to bid's Avatar
 
Joined APC: Apr 2008
Position: Light Chop
Posts: 23,286
Default

Originally Posted by hoserpilot
(-: I haven't worked this month. Maybe next month. Can't wait to see all the crap stuffed in my v-file. I might need the rest of the month off just to do my jepps. Still just 16 duty days since Aug 1!!! We've been watching so much football, and now hockey, that we've been banned from the neighbors basement bar. My buddies wife has closed OUR man cave for a week. She said all the guys in the neighborhood are on time-out. Phooey!!!
how did yall end up in timeout??
forgot to bid is offline  
Old 10-22-2010, 07:10 AM
  #50593  
Get's Every Day Off
 
ExAF's Avatar
 
Joined APC: Oct 2006
Position: Retired
Posts: 1,860
Default Nice!

Originally Posted by buzzpat
Hey fellas

I just shot an interview which will air on ABC News with Diane Sawyer tonight about the time Clinton lost the nuclear codes. Check it out (if you can stomach Diane Sawyer...or me, for that matter).

Buzz
I saw it! I REALLY enjoyed it. Good job Buzz.
ExAF is offline  
Old 10-22-2010, 07:26 AM
  #50594  
Back on TDY
 
Carl Spackler's Avatar
 
Joined APC: Apr 2008
Position: 747-400 Captain
Posts: 12,487
Default

Originally Posted by ExAF
I saw it! I REALLY enjoyed it. Good job Buzz.
Dang it...I missed it.

Buzz, can't you help us out here? You Tube or something?

Carl
Carl Spackler is offline  
Old 10-22-2010, 07:47 AM
  #50595  
Gets Weekends Off
 
capncrunch's Avatar
 
Joined APC: Feb 2008
Posts: 2,324
Default

Side Question:

As I understand it, we can take a loan out on our 401K from Fidelity. Does anyone know what the restrictions are? IOW, does it have to be for first time home buyers, etc. Or can I take the loan to buy an investment property?
capncrunch is offline  
Old 10-22-2010, 07:51 AM
  #50596  
Moderator
 
Joined APC: Oct 2006
Position: B757/767
Posts: 13,088
Default

Originally Posted by capncrunch
Side Question:

As I understand it, we can take a loan out on our 401K from Fidelity. Does anyone know what the restrictions are? IOW, does it have to be for first time home buyers, etc. Or can I take the loan to buy an investment property?
I think Super took a loan against his stock. Maybe pm him.
johnso29 is offline  
Old 10-22-2010, 08:02 AM
  #50597  
Gets Weekends Off
 
Cycle Pilot's Avatar
 
Joined APC: Mar 2008
Position: DAL Pilot
Posts: 1,133
Default

Originally Posted by capncrunch
Side Question:

As I understand it, we can take a loan out on our 401K from Fidelity. Does anyone know what the restrictions are? IOW, does it have to be for first time home buyers, etc. Or can I take the loan to buy an investment property?
It's extremely easy. You can take multiple loans out, too. It's all done online and the money is transferred directly into the bank account you choose. Interest rate right now is 4.25%. You can take out a loan for principal home purchase (max 10 years) or general purpose (max 4 years). So in your case, you could only take a general purpose loan out to pay for an investment property.
Cycle Pilot is offline  
Old 10-22-2010, 08:06 AM
  #50598  
Gets Weekends Off
 
Joined APC: Aug 2010
Posts: 2,530
Default

Originally Posted by capncrunch
Side Question:

As I understand it, we can take a loan out on our 401K from Fidelity. Does anyone know what the restrictions are? IOW, does it have to be for first time home buyers, etc. Or can I take the loan to buy an investment property?
It can be for anything, however, you'll have to pay taxes not paid (non Roth 401k), And an additional 10%. You'll have to pay it back in a period of time as well.

Early Distribution of IRA, 401K & Other Retirement Accounts - Penalty on Early Distributions
Columbia is offline  
Old 10-22-2010, 08:13 AM
  #50599  
Gets Weekends Off
 
buzzpat's Avatar
 
Joined APC: Feb 2008
Position: Urban chicken rancher.
Posts: 6,070
Default

Originally Posted by Carl Spackler
Dang it...I missed it.

Buzz, can't you help us out here? You Tube or something?

Carl
Here you go guys:

President Bill Clinton Lost Nuclear Codes While in Office, New Book Claims - ABC News
buzzpat is offline  
Old 10-22-2010, 08:13 AM
  #50600  
Sho me da money!
 
FIIGMO's Avatar
 
Joined APC: Feb 2007
Position: B25, Left
Posts: 947
Default

Originally Posted by johnso29
I think Super took a loan against his stock. Maybe pm him.
Be careful, yes you can take a loan out against your stock. But it is sold and placed into a holding account accruing interest but it is sold stock, you lose the shares.

any questions PM
FIIGMO is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
On Autopilot
Regional
22594
11-05-2021 07:03 AM
AeroCrewSolut
Delta
153
08-14-2018 12:18 PM
Bill Lumberg
Major
71
06-13-2012 08:36 AM
Quagmire
Major
253
04-16-2011 06:19 AM
JiffyLube
Major
12
03-07-2008 04:27 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices