And don't forget your "B-Fund" will be gone on the
next contract:
Originally Posted by
EDC757
Actually it does. The IRS allows the second "B" fund for those who MUST retire before age 65. Without this exemption the “B” fund would be taxed as income and would add an additional 22+ percent to the cost of the “B” fund to the company. Then you can kiss it good-bye.
See the
Age 65 discussion threads:
http://www.airlinepilotforums.com/forumdisplay.php?f=59