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-   -   Any "Latest & Greatest" about Delta? (https://www.airlinepilotforums.com/delta/36912-any-latest-greatest-about-delta.html)

hammer189 09-12-2015 05:58 AM


Originally Posted by chuck416 (Post 1969323)
Hi Guys,
I have a Q about vacation, and monthly bidding. What is the default function of annual vacation? My understanding is that it's default is pay and NO CREDIT. Is that correct??? I can't find the setting in PBS to award vacation as pay AND credit. What am I missing. Thanks. Oh, BTW, I know bidding is closed, but I'll need to know for next time. Thanks again.

The results tab shows your premonth credit in real time. So to check if something is just pay or pay and credit, look there.

chuck416 09-12-2015 06:26 AM


Originally Posted by hammer189 (Post 1969453)
The results tab shows your premonth credit in real time. So to check if something is just pay or pay and credit, look there.


I had vacation in both SEP, and in OCT. Somehow, PBS, in the SEP monthly bid, awarded me two 6-day trips, during a month when I had 19.5 hrs of vacation. My two trips awarded added up to 73.8 hrs of credit, on top of my 19.5 hrs of vacation. I wanted to have my vacation awarded as pay AND credit, but it did not work out that way. I am hoping that the OCT awarded vacation will be doled out as credit, giving me a min. work month. I'm curious what my OCT award is going to look like. Looking at my SEP timecard, it shows vacations awarded as pay-no-credit.

sailingfun 09-12-2015 07:05 AM


Originally Posted by chuck416 (Post 1969473)
I had vacation in both SEP, and in OCT. Somehow, PBS, in the SEP monthly bid, awarded me two 6-day trips, during a month when I had 19.5 hrs of vacation. My two trips awarded added up to 73.8 hrs of credit, on top of my 19.5 hrs of vacation. I wanted to have my vacation awarded as pay AND credit, but it did not work out that way. I am hoping that the OCT awarded vacation will be doled out as credit, giving me a min. work month. I'm curious what my OCT award is going to look like. Looking at my SEP timecard, it shows vacations awarded as pay-no-credit.

PBS is hard programmed for vacation to be counted as pay and credit for bidding purposes. There is no option for anything else. The first step every month you bid is to check your PBS calendar and verify the values are correct. What did the PBS guys say when you complained? Your time card has nothing to do with PBS.

satchip 09-12-2015 12:04 PM

Hey Sailingfun, were you at the C44 recall meeting? I thought I saw you there.

chuck416 09-12-2015 01:29 PM


Originally Posted by sailingfun (Post 1969495)
PBS is hard programmed for vacation to be counted as pay and credit for bidding purposes. There is no option for anything else. The first step every month you bid is to check your PBS calendar and verify the values are correct. What did the PBS guys say when you complained? Your time card has nothing to do with PBS.

PBS is currently locked for OCT bid run. When it opens up, I'll look at the reasons, and hopefully that 'll shed some light on this. I'm mostly hoping that I don't fly a full month in OCT, as I have Vacation coming next month as well. Not too senior in my seat, if it's not obvious. I didn't complain about SEP, as I didnt have anything planned. OCT…different matter.

hookshot123 09-12-2015 01:35 PM

Scheduling rest question
 
I am on reserve this month and got a message on my cell from scheduling giving me 30 hours of rest. The message said "this is one of those that you have to acknowledge".

I thought all requirements to acknowledge were gone. And that I only had to tell them if I was unable to get my rest.

So does anyone know if this really has to be acknowledged and if so where is it written.

Thanks,
Capt. Hook

TED74 09-12-2015 03:59 PM


Originally Posted by NoDeskJob (Post 1968908)
Also, depending on your total AGI you might or not be eligible. For married filing jointly, I want to say you can put in a total of 11,000 for the 2 of you....if your total AGI does not exceed 185K.

But don't quote me on that. I recommend researching to confirm. Also. If you're over the 185K you can "backdoor" into a Roth IRA. Talk to a financial advisor.

Cue the backdoor jokes.


No need to talk to anyone about the back door Roth Conversion. Completely legal and ridiculous loophole in place since 2010...easy to exploit on your own. If you do your own taxes, just make sure you read and answer all IRA questions correctly when filing so you don't improperly pay extra tax or penalties.

1. Deposit money into a traditional IRA on a Monday. I have an empty account I call "non-deductible traditional IRA" to receive these finds every year.
2. Let it settle for a day or two.
3. Convert all of that money to a Roth IRA on day three.
4. Take note of any earnings you made in the 2-3 days the money say in the first account. This is the only money you still owe taxes on, since the original deposit you made to your NON DEDUCTIBLE Traditional IRA is all after-tax money.

Normally, a non-deductible traditional IRA would be non-sensical. It only makes sense in this case as a starting point to eventually get money into a ROTH...for someone or a couple who otherwise makes too much money to contribute directly to a Roth or traditional IRA.

DAL73n 09-12-2015 04:07 PM


Originally Posted by TED74 (Post 1969907)
No need to talk to anyone about the back door Roth Conversion. Completely legal and ridiculous loophole in place since 2010...easy to exploit on your own. If you do your own taxes, just make sure you read and answer all IRA questions correctly when filing so you don't improperly pay extra tax or penalties.

1. Deposit money into a traditional IRA on a Monday. I have an empty account I call "non-deductible traditional IRA" to receive these finds every year.
2. Let it settle for a day or two.
3. Convert all of that money to a Roth IRA on day three.
4. Take note of any earnings you made in the 2-3 days the money say in the first account. This is the only money you still owe taxes on, since the original deposit you made to your NON DEDUCTIBLE Traditional IRA is all after-tax money.

Normally, a non-deductible traditional IRA would be non-sensical. It only makes sense in this case as a starting point to eventually get money into a ROTH...for someone or a couple who otherwise makes too much money to contribute directly to a Roth or traditional IRA.

This only works if you have NO CURRENT TRADITIONAL IRAs. Do not fall into the trap if you do already have some traditional IRA money because you can only convert on a pro rata basis.

TED74 09-12-2015 04:09 PM


Originally Posted by DAL73n (Post 1969916)
This only works if you have NO CURRENT TRADITIONAL IRAs. Do not fall into the trap if you do already have some traditional IRA money because you can only convert on a pro rata basis.


Not true. I use a separate account and don't mix the funds.

TED74 09-12-2015 04:23 PM


Originally Posted by TED74 (Post 1969917)
Not true. I use a separate account and don't mix the funds.


Ooops...I guess I don't do that since you are right. Good catch. Since 2010, I have had zero balance in traditional IRAs, so this didn't affect me.

Any new hires could think about converting any traditional IRAs in their first/low-income year in prep for higher tax brackets later. Who knows if this back door will remain, but my hunch is that tax rates will be going up. And I'm an anonymous internet poster, so you should really listen to me!!!


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