Originally Posted by
ShutUpNFly
All good points OldFlyGuy. Concerning the "we get 4% more DC" I was under the impression the Delta DC was capped at the 401k Federal limit of $18K. Our 12% DC is capped at $265,000 of earnings which equates to $31,800.
There is no cap on the DC. If you hit the 415C limit of 53,000 then it is still paid however as ordinary income. In addition since our PS is pensionable the actual DC payout will be about 3% more for a total of 19% at the current profit projections. 2015 should come in around 18%.