Originally Posted by
captain152
I believe the 401k deposit is an option. Not a non-negotiable deal. I could be wrong though.
I'm not a financial guru, nor a tax wizard, but would the 401k deposit be an option for those not wanting to be bumped into the next tax bracket?
They said at the road show you could contribute it into your 401K up to the annual IRS limits. SO likely any FO or junior captain could put it all in tax free, the super senior captains would more than max out just with the "bribe money" without any paycheck contributions.