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Old 07-16-2009 | 06:59 AM
  #106  
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FlyASA
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Joined: Jan 2009
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From: CRJ-200 First Officer
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Originally Posted by TPROP4ever
While I dont disagree with your assesment, I will say that some older guys would be better off acepting this, its going to take more than a couple years to put 58 grand into a 401K, youll probably never recoup that much in 3-4 years, unless you put about 1200 dollars of your own money a month into that 401K....just an observation, I think if I was the boat I would consider it for sure. Take it lump put it into your IRA.


Isn't the limit for an IRA $6,000 a year?
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