Originally Posted by
744ButtonPusher
Then go lobby your congressman to raise the income limit for 401ks because even without this LOA, you wll never max your PRAP based soley on the company contribtuons due to the IRS income limts of 350,000 (for 2025).
Now that being said the LOA increases that amount you would have to put in which affects a large portion of the pilot group which is why its not a good deal.
With the next UPA if we get 19-20% DC we will basically max the 401k with company contributions alone. However, if we vote in this LOA cap, then that will never happen, and you'll be stuck with 30% of your company contributions in a bonds account.