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Old 10-29-2024 | 08:44 AM
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rickair7777
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From: Engines Turn or People Swim
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Originally Posted by Pilotguy21
Heard this idea the other day that's not being talked about...


Pay each pilot 150K for every year of service into 401K or another retirement account he/she controls immediately
Con: Big tax hit immediately, you can't just dump all of that into a 401k, pre-tax IRA, or even a Roth. Annual contribution limits would apply and also taxes.

Need to get more creative on the distribution.
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