Airline Pilot Central Forums - Road to the TA 20-02

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For the annuity lovers......

https://www.cnbc.com/2020/01/03/more...01k-plans.html

This is something DALPA could push for in our 401k if we so desire. Annuities can come with big fees etc, but all are not created equal just like the QLAC which you might consider if you think you might outlive your money and want to do more in your “go go years” so you don’t worry about your “no go years.”

Aw hell no. Im not doing this..

Quote:

Originally Posted by PilotWombat (Post 2964953)

I think you need to start looking for some slightly lower quality hookers and blow.

Quote:

Originally Posted by jaxsurf (Post 2964573)

MBCBP (without or without min balance) is a hard no for me. I’d rather have the cash, because even if it’s taxed, it mine to control, sink or swim.

Also, I don’t really trust the union, and I trust that the MBCBP is going to be optional, even less than that.

Edit: and if there’s any way that the MBCBP interferes with the 401k Excess/Excess Plus then it’s a double hard no.

Pretty much right there with ya. Save the not trusting the union part. For me, the juries still out on that one. For now I am giving benefit of the doubt until they prove otherwise.