Originally Posted by
Mustangdrvr
Is the 401K info on Frontiers APC page accurate? If so I understand it to say a 5% match and then something about .50 on the $1.00 up to 10% of pilots contribution? Someone smarter than me mind dumbing that second part down to laymens terms for me?
So you put in 5% let's say you make 100,000 for easy numbers.
You put in 5% or 5000 dollars. They match the 5000.
After the 5%, it's a half match so if you put in total, 10% or 10,000, they will match 7500 dollars.
Make sense?