Originally Posted by
Chuck D
I just hit PRAP Cash spill this year. Good problem to have but an annoying one when the CBP could let that sit tax free on the way in then more investable after 59.5. I agree the proposed CBP isn't to everyone's liking and may get punted but I think by the end of this CBA and for however long it takes until the next one there will be a growing number of pilots who are annoyed by how much cash we get from the company's 18% that will take the full tax hit.
If you’re 59.5+ or even close, this is a slam dunk. If you’re farther away, you are probably better off taking the tax hit and just investing it in something with a better return, unless you are a relatively conservative investor. That is a very person-specific calculation, though, so each person would have to run that for themselves.