Thread: Road to the TA 20-02
View Single Post
Old 01-25-2020 | 06:59 AM
  #24  
Denny Crane's Avatar
Denny Crane
Gets Weekends Off
 
Joined: Sep 2008
Posts: 6,971
Likes: 0
From: Kickin’ Back
Default
Originally Posted by Trip7
Top Hat is one that comes to mind

https://www.investopedia.com/terms/t/top-hat-plan.asp

Senior pilots can defer their pay until after retirement. Taxed less due to lower income bracket.

Sent from my SM-G975U1 using Tapatalk
From the article “ However, contributions to top hat plans such as non-governmental 457(b) plans are immediately taxable.” That sounds to me like you are taxed on it when it goes into the plan.

Denny
Reply
0