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

satchip 06-07-2016 04:13 AM

June schedule had 3 LCA trips. Looks like I'll be 0 for 3 for OE drops. Sometimes you're the windshield, sometimes you're the bug....

MikeF16 06-07-2016 04:30 AM

Thanks for all the advice regarding Costa Rica. I'm hoping I can get all 4 of us down there via non-rev but we'll just go somewhere else if we can't.

BUSTED 06-07-2016 11:45 AM

Can anyone briefly explain the difference in the "Delta Pilots Savings Plan" and the "Delta Pilots Defined Contribution Plan"?


Cheers,
BUSTED

Sent from my iPhone using Tapatalk

WhiskeyDelta 06-07-2016 11:48 AM


Originally Posted by BUSTED (Post 2141408)
Can anyone briefly explain the difference in the "Delta Pilots Savings Plan" and the "Delta Pilots Defined Contribution Plan"?


Cheers,
BUSTED

Sent from my iPhone using Tapatalk

The latter doesn't exist anymore or at least isn't for new hires. The former is the 15% contribution the company gives you regardless of your personal 401k election.

full of luv 06-07-2016 02:10 PM


Originally Posted by satchip (Post 2141178)
June schedule had 3 LCA trips. Looks like I'll be 0 for 3 for OE drops. Sometimes you're the windshield, sometimes you're the bug....

Just think how standardized you'll be by the end of the month!

full of luv 06-07-2016 02:22 PM


Originally Posted by BUSTED (Post 2141408)
Can anyone briefly explain the difference in the "Delta Pilots Savings Plan" and the "Delta Pilots Defined Contribution Plan"?


Cheers,
BUSTED

Sent from my iPhone using Tapatalk

The DPDCP was what was created when the pension was cancelled. The DPSP was a 401K that existed for all employees as well with Fidelity.

A couple of years ago, they decided (ALPA and the Company) to just merge the DPDCP into the DPSP and make the contributions to the DPSP instead.

At that time you could have rolled your DPDCP balance into the DPSP, taken it out with applicable tax penalties, or rolled it into your own IRA.

So as posted above, for all newbe's it's all just the DPSP.

jeffmjohnson53 06-07-2016 02:34 PM


Originally Posted by full of luv (Post 2141493)
The DPDCP was what was created when the pension was cancelled. The DPSP was a 401K that existed for all employees as well with Fidelity.

A couple of years ago, they decided (ALPA and the Company) to just merge the DPDCP into the DPSP and make the contributions to the DPSP instead.

At that time you could have rolled your DPDCP balance into the DPSP, taken it out with applicable tax penalties, or rolled it into your own IRA.

So as posted above, for all newbe's it's all just the DPSP.

Thanks for a thorough answer...much appreciated.

JamesBond 06-07-2016 03:22 PM


Originally Posted by satchip (Post 2141178)
June schedule had 3 LCA trips. Looks like I'll be 0 for 3 for OE drops. Sometimes you're the windshield, sometimes you're the bug....

grievance?

scambo1 06-07-2016 03:44 PM


Originally Posted by satchip (Post 2141178)
June schedule had 3 LCA trips. Looks like I'll be 0 for 3 for OE drops. Sometimes you're the windshield, sometimes you're the bug....

2% just 2%

It reminds me of Will Farrell in The Land of the lost "his brain is the size of a walnut, a walnut"

DAL73n 06-07-2016 04:28 PM


Originally Posted by nwaf16dude (Post 2136169)
The 18k is your personal pre-tax contribution limit. It counts against the 415 max of 53000. So if you contribute 18, the company deferred tax max DC contribution is 35000. If 15% of your income exceeds that amount, you get the amount over 35000 as normal taxable income. If you are over 50, or turning 50 this year, you can put in an additional 6000 in pre-tax catch-up contributions that does not count against the 53000.

Actually, the $6000 DOES COUNT against the limit - the $53000 is an absolute limit. If you contribute your full $24K to the 401K then the DC plan will go in until reaching your limit of $53K and then any extra money will start getting paid out to you as salary - reread the 401K rules.


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