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11-21-2013, 06:11 AM

#431

Hilltopper89

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Joined APC: Oct 2012

Position: 737

Posts: 1,061

Quote:

Originally Posted by mrmak2

I thought the "B-plan" 16 percent was separate from the annual 401k contribution limits. You can contribute a percentage of your income to a 401k and there is no matching or anything, but my understanding was that your personal 401k was what is subject to the annual IRS max

If I remember correctly from Indoc the B Plan is combined with the 401K for the limits. You'll have to contribute an awful lot to worry about the mins which shouldn't be a problem. By way of reference as a first year guy they're putting about $800 a month into the B Plan. So unless you're socking away $40,000+ annually elsewhere the limit isn't an issue.

I don't think this answers your question but the B Plan funds go into a Schwab account with very limited investment options...like 25 mutual funds. It is possible, and I have done it, to set up a PCRA on schwab.com and have your $$ go into a brokerage account. You can then use that to invest in virtually any equity in the world outside of UAL stock.

I'm not an expert so call the plan administrator after you start.

Cheers.

11-21-2013, 06:12 AM

#432

liveupthere

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Joined APC: Apr 2010

Position: Fifi

Posts: 176

Remember the time this thread was about people being in the hiring pool at United? Those were the days. Pure nostalgia, ya know?

11-21-2013, 06:52 AM

#433

Snarge

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Joined APC: Feb 2009

Posts: 1,007

When a group is having a conversation, face to face, and the topic changes, do you remind them to only discuss the original topic?

11-21-2013, 07:13 AM

#434

APC225

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Joined APC: Feb 2011

Posts: 3,866

Quote:

Originally Posted by mrmak2

You're right about a max to 401k but there is also a combined max on pretax contributions to 401k + B plan. I believe it's $51k or $56.5k if over 50. I think any contributions over that limit go into VEBA.

11-21-2013, 08:03 AM

#435

Stud7094

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Joined APC: Oct 2006

Position: EWR 320FO

Posts: 173

Quote:

Originally Posted by liveupthere

Remember the time this thread was about people being in the hiring pool at United? Those were the days. Pure nostalgia, ya know?

My bad...I though that was a legit poolie question

11-21-2013, 08:04 AM

#436

Stud7094

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Joined APC: Oct 2006

Position: EWR 320FO

Posts: 173

Quote:

Originally Posted by APC225

Thanks for the answers guys

11-21-2013, 09:14 AM

#437

Jughead135

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Joined APC: Sep 2011

Position: Hates Commuting

Posts: 973

Quote:

Originally Posted by Snarge

When a group is having a conversation, face to face, and the topic changes, do you remind them to only discuss the original topic?

When I walk into a conference room with a sign over the door clearly indicating the topic of discussion...? Yes.

Why do you ask...?

11-21-2013, 09:58 AM

#438

Stud7094

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Joined APC: Oct 2006

Position: EWR 320FO

Posts: 173

Okay...change gears...any idea the latest breakdown of the last few classes? Or anyone in dec classes told what to expect?

11-21-2013, 10:05 AM

#439

cadetdrivr

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Joined APC: Oct 2010

Posts: 2,639

Quote:

Originally Posted by Stud7094

Okay...change gears...any idea the latest breakdown of the last few classes? Or anyone in dec classes told what to expect?

Expect 737---with other aircraft in the mix and more changes in 2014 as the other training departments are spooled up.

Dec 3rd class:

8 737 EWR
1 320 JFK
1 767 JFK