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Old 04-28-2012 | 05:54 PM
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DAL 88 Driver
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Joined: Mar 2009
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From: Retired (mandatory age 65)
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Originally Posted by FrankCobretti
I suggest that it isn't all about the W2. Nontaxable income, such as an increased 401(k) contribution, is income all the same.
Very true. But profit sharing and retirement contributions are NOT part of the $234,000/year the average SWA Captain makes (and over $140K the average SWA F/O makes). If you're going to include those items, then the "total" compensation is going to have to be more like $275K to match SWA. I would submit that the vast majority of that needs to be W2 income.