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Old 11-01-2010 | 08:49 PM
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Moose
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Joined: May 2006
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From: 737 FO
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Originally Posted by Homa
Moose,

Do you know if a bunch of guys submitted their paperwork today? I am not a financial guru, but apparently there are some tax implications on your lump sum if you retire in early 2011 vs. late this year. It's to the tune of $50k. So, gummers who want to go within the next few months are better off turning in their paperwork today... something to do with November interest rates. See TL's post on the WebBoards under "Retirement & Insurance."
No. Was told the old timers are dropping papers here and there with little/no notice and they expect it to increase. They are way behind the curve right now due to ETOPS and furlough training. She did say if I came back from mil LOA early I would not really hurt a furloughee as they are all coming back. Don't plan on coming back though for awhile.
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