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Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   Delta (https://www.airlinepilotforums.com/delta/)
-   -   PS out (https://www.airlinepilotforums.com/delta/126663-ps-out.html)

Crown 01-14-2020 06:40 AM
Quote:
Originally Posted by captkdobbs (Post 2956402)
So who won the bets elsewhere on APC????
not me. I predicted under. I'm grateful I was wrong :D

fishforfun 01-14-2020 06:51 AM
Quote:
Originally Posted by captkdobbs (Post 2956402)
So who won the bets elsewhere on APC????
m3113n1a1 had a guess of 16.5%. Closest I could find.

Crown 01-14-2020 06:52 AM
Quote:
Originally Posted by fishforfun (Post 2956415)
m3113n1a1 had a guess of 16.5%. Closest I could find.
so what do they win?

Tailhookah 01-14-2020 07:22 AM
Quote:
Originally Posted by DALMD88FO (Post 2956378)
And don’t forget it’s pensionable
So that’s an additional 16% peeps. Really it’s over 19%.

Big E 757 01-14-2020 08:00 AM
Quote:
Originally Posted by Crown (Post 2956416)
so what do they win?
He wins 16.6% of his pay for last year, on Valentines Day. Delta pays the winner.

Breadcream 01-14-2020 08:10 AM
Quote:
Originally Posted by DALMD88FO (Post 2956378)
And don’t forget it’s pensionable
Can someone please explain to me what pensionable means for us at Delta? Does that mean it’s going into our DC plan or is it only applicable to the folks with PBGC compensation coming to them?

tunes 01-14-2020 08:12 AM
PS out
 
Quote:
Originally Posted by Breadcream (Post 2956477)
Can someone please explain to me what pensionable means for us at Delta? Does that mean it’s going into our DC plan or is it only applicable to the folks with PBGC compensation coming to them?


It means you get 16.6% of the pay mentioned above and you get 16% of that number in your 401k

So say your profit sharing amount is 30k. You get 30k (minus taxes) and then 4,800 in your 401k


Sent from my iPhone using Tapatalk

Breadcream 01-14-2020 08:20 AM
Quote:
Originally Posted by tunes (Post 2956479)
It means you get 16.6% of the pay mentioned above and you get 16% of that number in your 401k

So say your profit sharing amount is 30k. You get 30k (minus taxes) and then 4,800 in your 401k


Sent from my iPhone using Tapatalk
I cannot thank you enough.

full of luv 01-14-2020 09:42 AM
Quote:
Originally Posted by Breadcream (Post 2956477)
Can someone please explain to me what pensionable means for us at Delta? Does that mean it’s going into our DC plan or is it only applicable to the folks with PBGC compensation coming to them?
You will have the option soon(via deltanet/fidelity) to dump some of your 16.6% into your 401K as well or take it all through the tax churn now....

illini90 01-14-2020 11:31 AM
401K tool
 
I had about five minutes to mess with this and couldn’t get any percentages to take. It said I was maxed at 6,500 for catch up. How do you make that thing work for your Roth? Thanks for any help!


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