Originally Posted by
757Driver
That’s such a moving target that your synopsis is not valid. Have way more than I want in that fund and if my wife and I drop dead, bye bye money. All I’m asking for is a choice. That choice would allow you to put 5 gazillion dollars in the fund while I stay happy at $100k. Seems very reasonable to me.
Unfortunately the IRS doesn’t currently agree with you. It would be great if it changes and you can pay your taxes on that money but for not it’s not allowed. I posted the link to the ALPA R&I Q&A page on it.
Btw you had a sillly argument. If you and your wife sadly die immediately after retirement then who cares? Your entire estate that was built up to live your retired life goes to whoever you want and the small RHA goes to your fellow pilots.