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Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   Delta (https://www.airlinepilotforums.com/delta/)
-   -   TA: GVUL (https://www.airlinepilotforums.com/delta/141326-ta-gvul.html)

captkdobbs 11-26-2023 10:33 AM
Originally Posted by higney85 (Post 3726581)
glad to see others have the same thought process. By 55 I plan to be done needing term with my kids out of the house and college paid for and enough assets for my wife to be able to live the same lifestyle in perpetuity. For some, not the case. Had an illustration run for curioutisty, and running the math some taxes could be avoided, but capital gains in a brokerage, without a 2.5% load... I'll just say "ehh". I've made my decision at this point and will save on taxes either way.
I'm with you; not looking for any additional insurance, and my investment strategy is fairly solid for my personal situation.

The thing the GVUL gives ME is the reduction in imputed income. Period. I'll probably never use it as an investment vehicle, but the fact that the premiums are paid by DL and the imputed income at my age is MUCH lower on the GVUL, it's a no-brainer move for me. Keep the same contractual insurance coverage and save on imputed income...win, even without the investment side.

JamesBond 11-26-2023 10:42 AM
Originally Posted by captkdobbs (Post 3728100)
I'm with you; not looking for any additional insurance, and my investment strategy is fairly solid for my personal situation.

The thing the GVUL gives ME is the reduction in imputed income. Period. I'll probably never use it as an investment vehicle, but the fact that the premiums are paid by DL and the imputed income at my age is MUCH lower on the GVUL, it's a no-brainer move for me. Keep the same contractual insurance coverage and save on imputed income...win, even without the investment side.
plus no alpa tax.

higney85 11-26-2023 11:44 AM
Originally Posted by JamesBond (Post 3728101)
plus no alpa tax.
How does ALPA get revenue from imputed tax?

It’s not income.

FangsF15 11-26-2023 11:46 AM
Originally Posted by JamesBond (Post 3728101)
plus no alpa tax.
The Engage podcast clearly stated ALPA doesn’t see a dime either way from our decision to use GVUL, or not.

Gspeed 11-26-2023 12:46 PM
Originally Posted by JamesBond (Post 3728101)
plus no alpa tax.
Bless Your Heart

First Break 11-26-2023 03:13 PM
Originally Posted by higney85 (Post 3728119)
How does ALPA get revenue from imputed tax?

It’s not income.
He is confusing GVUL and MBCBP. No surprise, he stopped reading after he found out he didn’t get his min balance.

notEnuf 11-27-2023 10:02 AM
Does ALPA consider imputed income as part of your income for calculating dues? ~shrug???

OOfff 11-27-2023 10:02 AM
Originally Posted by notEnuf (Post 3728375)
Does ALPA consider imputed income as part of your income for calculating dues? ~shrug???
no. It’s not income.

tennisguru 11-27-2023 10:57 AM
GVUL enrollment email is in my company email.

FL370esq 11-27-2023 12:10 PM
Originally Posted by tennisguru (Post 3728387)
GVUL enrollment email is in my company email.
Mine too....logged in and no GVUL "tile" showed to complete my enrollment.


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