Airline Pilot Central Forums
Page 2 of 5
1
2
3
4
5
Show 40 post(s) from this thread on one page

Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   Delta (https://www.airlinepilotforums.com/delta/)
-   -   Split PS? (https://www.airlinepilotforums.com/delta/123505-split-ps.html)

badflaps 08-15-2019 04:06 AM
Originally Posted by notEnuf (Post 2870494)
Screws up my 401k and HSA planning. Already used my tax free 19K AND 6K respectively. Now my income will be higher than planned and no way to shelter that money. Next years money may/may not fill up my tax advantaged allotments.

Looks like the pay out date is not specified in the PWA so nothing to quibble over but my guess is my tax planning will change and there will be a lot of unplanned DPSP cash.
As problems go...............:D

notEnuf 08-15-2019 04:08 PM
Originally Posted by badflaps (Post 2870508)
As problems go...............:D
I know someone whose after my DPSP cash. It’s not a problem, it’s a catastrophe.:eek:

gloopy 08-16-2019 09:22 AM
I don't care either way but it would be an extremely tough sell explaining to 51% of the pilot group or the employee group in general why we shouldn't get half in October before holidays etc. There may be a very few with circumstantial needs who may benefit from the all in Feb method, but that's got to be very, very few.

ERflyer 08-16-2019 09:34 AM
Originally Posted by gloopy (Post 2871167)
I don't care either way but it would be an extremely tough sell explaining to 51% of the pilot group or the employee group in general why we shouldn't get half in October before holidays etc. There may be a very few with circumstantial needs who may benefit from the all in Feb method, but that's got to be very, very few.
We went this last time we split profit sharing too. Some people went crazy because it “messed up” their tax planning. Doesn’t make any difference how many times you explain it to them that it’s a wash.

Not to mention the fact, as you did, that no one cares even if it did. Yes, they might have to adjust withdrawal %’s online and hurt their wrist.

Abouttime2fish 08-16-2019 04:13 PM
I’ll take it early, got a bunch of near term expenses it would help out with immensely.

m3113n1a1 08-16-2019 04:35 PM
Originally Posted by notEnuf (Post 2870833)
I know someone whose after my DPSP cash. It’s not a problem, it’s a catastrophe.:eek:
Is it ALPA? :D

20Fathoms 08-16-2019 08:28 PM
Originally Posted by m3113n1a1 (Post 2871462)
Is it ALPA? :D
Well played!

hockeypilot44 08-17-2019 03:34 AM
Where did this rumor start? I haven't heard it anywhere but this thread.

Han Solo 08-17-2019 03:59 AM
Maybe if the employee were retiring prior to the end of the year it would matter.

iaflyer 08-17-2019 04:49 AM
Originally Posted by hockeypilot44 (Post 2871610)
Where did this rumor start? I haven't heard it anywhere but this thread.
It's a FA rumor as I understand it.


All times are GMT -8. The time now is 01:29 PM.
Page 2 of 5
1
2
3
4
5
Show 40 post(s) from this thread on one page


User Alert System provided by Advanced User Tagging v3.3.0 (Lite) - vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
Website Copyright ©2000 - 2017 MH Sub I, LLC dba Internet Brands