View Poll Results: 2026 Profit Sharing Guess
Voters: 212. You may not vote on this poll
Profit Sharing 26 Rumors and Guesses
02-16-2026 | 02:50 AM
#161
Line Holder
Joined: Feb 2020
Posts: 1,145
Likes: 280
Doing a Roth conversion into an IRA is different and requires a phone call every time but you should only be doing that once a year anyways.
02-16-2026 | 03:51 AM
#162
Bent over by buybacks
Joined: Feb 2017
Posts: 1,574
Likes: 542
Come to think of it, pretty much everything in our contract is industry-standard except trip coverage. So we have no excuse to do anything but improve.
02-16-2026 | 04:37 AM
#163
Line Holder
Joined: May 2012
Posts: 1,292
Likes: 37
Profit sharing is taxed as regular income. The initial tax withholding (what that takeout in Feb) is actually at a LOWER rate for most pilots than what they actually pay when it’s all said and done when you file.
02-16-2026 | 05:49 AM
#164
On Reserve
Joined: Oct 2025
Posts: 197
Likes: 113
While clearly the smart thing to do with excess funds you don’t need for yearly liquidity, they 100% are coming for it retroactively either directly or indirectly. Wheels are already in motion to steal your SS through “means testing” because “millionaires” don’t “need” it and we have to “save” it etc.
Same thing with rental income. I know a guy with 300 doors in his rental portfolio and he brags about still getting the full SS benefit.
So, yeah, if you're rich you shouldn't get SS benefits but you should still pay for it.
02-16-2026 | 05:54 AM
#165
Gets Weekends Off
Joined: Nov 2017
Posts: 3,465
Likes: 613
From: NYC 7ERA
No. Hell no.
02-16-2026 | 05:57 AM
#166
Gets Weekends Off
Joined: Jul 2010
Posts: 3,845
Likes: 92
SS needs to be fixed. A guy with $5 million in his 401k taking let's say $300k a year out gets his full SS payment. Now let's look at someone living on their SS check. If they take a job to try to make ends meet their SS is reduced if they make more than approximately $18k a year working. I saw this happen to my mother.
Same thing with rental income. I know a guy with 300 doors in his rental portfolio and he brags about still getting the full SS benefit.
So, yeah, if you're rich you shouldn't get SS benefits but you should still pay for it.
Same thing with rental income. I know a guy with 300 doors in his rental portfolio and he brags about still getting the full SS benefit.
So, yeah, if you're rich you shouldn't get SS benefits but you should still pay for it.
A lot of people that get little SS, decided to work under the table for Cash only their whole life. Some didn’t payed very little and use the “disability” SS. (Both of these last two examples are close family members).
While we pay 20,000k a year into SS (10k us and 10k delta), I will use my SS in retirement. If those “rich” people funded their SS, why they can’t use it?
SS is complimentary money, no one should be living out it alone. That also include my parents, but that’s what they currently have.
And please, tell me you’re not the NY320A Ca that’s saying FOs we should pay more taxes because we make a lot of money….
02-16-2026 | 06:01 AM
#167
On Reserve
Joined: Oct 2025
Posts: 197
Likes: 113
SS is based in what you contribute. Sorry, but my parents payed more in SS to be safe in retirement, didn’t used all their allowed tax credit just for that reason for years.
A lot of people that get little SS, decided to work under the table for Cash only their whole life. Some didn’t payed very little and use the “disability” SS. (Both of these last two examples are close family members).
While we pay 20,000k a year into SS (10k us and 10k delta), I will use my SS in retirement. If those “rich” people funded their SS, why they can’t use it?
SS is complimentary money, no one should be living out it alone. That also include my parents, but that’s what they currently have.
And please, tell me you’re not the NY320A Ca that’s saying FOs we should pay more taxes because we make a lot of money….
A lot of people that get little SS, decided to work under the table for Cash only their whole life. Some didn’t payed very little and use the “disability” SS. (Both of these last two examples are close family members).
While we pay 20,000k a year into SS (10k us and 10k delta), I will use my SS in retirement. If those “rich” people funded their SS, why they can’t use it?
SS is complimentary money, no one should be living out it alone. That also include my parents, but that’s what they currently have.
And please, tell me you’re not the NY320A Ca that’s saying FOs we should pay more taxes because we make a lot of money….
BTW SS isn't "complementary" money, it's a safety net.
02-16-2026 | 06:03 AM
#168
Line Holder
Joined: Sep 2014
Posts: 1,368
Likes: 348
SS needs to be fixed. A guy with $5 million in his 401k taking let's say $300k a year out gets his full SS payment. Now let's look at someone living on their SS check. If they take a job to try to make ends meet their SS is reduced if they make more than approximately $18k a year working. I saw this happen to my mother.
Same thing with rental income. I know a guy with 300 doors in his rental portfolio and he brags about still getting the full SS benefit.
So, yeah, if you're rich you shouldn't get SS benefits but you should still pay for it.
Same thing with rental income. I know a guy with 300 doors in his rental portfolio and he brags about still getting the full SS benefit.
So, yeah, if you're rich you shouldn't get SS benefits but you should still pay for it.
We pay into SS our entire lives why would you be ok with not getting it back?
I’d rather have zero SS tax, keep that money to invest for myself, and not ask the government to fund my retirement. But since that’s not happening I expect to get the benefit I’ve paid into my entire working life.
02-16-2026 | 06:06 AM
#169
On Reserve
Joined: Oct 2025
Posts: 197
Likes: 113
I feel like this is a pretty unpopular opinion.
We pay into SS out entire lives why would you be ok with not getting it back?
If rather have zero SS tax, keep that money to invest for myself, and not ask the government to fund my retirement. But since that’s not happening I expect to get the benefit I’ve paid into my entire working life.
We pay into SS out entire lives why would you be ok with not getting it back?
If rather have zero SS tax, keep that money to invest for myself, and not ask the government to fund my retirement. But since that’s not happening I expect to get the benefit I’ve paid into my entire working life.
SS is a safety net. Do you need a safety net?
The many drive demand for goods and services that create the economy that you benefit from.
02-16-2026 | 06:13 AM
#170
Gets Weekends Off
Joined: Dec 2013
Posts: 2,567
Likes: 68
Give us a number, the exact number, where you draw the line for a safety net. I’m retiring early, I’m going to need my SS.
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