Originally Posted by
fanaticalflyer
If you elect to have it go into your retirement, all of it goes in untaxed, is that correct? But otherwise it's taxed when receiving it in your pay check.
Oversimplified, and with major caveats, yes.
The best source of info will be the ALPA and UAL communications that are put out seasonally. Then you can select your retirement contribution online during the selection window prior to the payout.