Slow, great points, I also stated that we could look at variances and or other options.
Sorry I put 401C that was a mistake, looking at some other stuff on my side of things and that was on my mind, should have said 415C

I know I am one that like to have as much money in a tax deferred account as possible. I know I would put at much as I could there since these types of payments are taxed at a much higher rate if they are paid to you in the form of a bonus check.

That said, I know many would want the cash.

So lets talk about this. How could we have the option of putting it in a 415C et al but allow pilots the option to take the cash instead. I am stumped, but I would like to give them that option. I guess we could have two options on what the payment is called to get around the goose and gander issues with said payments.
Thoughts?