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Old 11-20-2010 | 06:07 AM
  #52891  
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Originally Posted by Cycle Pilot
So with all this expansion, when do we all think the next hiring announcement will come?

With this block hr increase they will be very hard pressed to run the schedule without more bodies. Without this stuff we were still staffed to redline. With this stuff, it will lead to another interesting summer.


Nothing would surprise me, and if they can find the sim time, I would think they would want to get bodies in the door.
Old 11-20-2010 | 06:13 AM
  #52892  
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Originally Posted by forgot to bid
Absolutely.

Want me to tell you how I did it this past summer?

$2500 401K from a car dealership. Never did anything with it as I had plenty in other 401Ks. To roll it into one of the others would've been silly for two reasons a) I needed the money to help offset $8K in unexpected home and car expenses in a span of 30 days this past summer and b) I lose more than $2500 sometimes in those 401ks in a single day.

I cashed it out. Very easy. Very quick. I'd never do it on a 401K worth more than, well, $2500.

My brother used to have one of those six figure salaries in pharma (oxycotin), that went to 0 three or four years back. He was underemployed for a while and eventually had to cash out of a 401K to save the house and never paid taxes on it because of all the other losses.

It's a 10% penalty and they withhold taxes on it.
Forgot,

You are supposed to negotiate for the bet (with an extremely high wager) first, then explain, then hopefully collect your money.


New K
Old 11-20-2010 | 06:14 AM
  #52893  
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Originally Posted by acl65pilot
With this block hr increase they will be very hard pressed to run the schedule without more bodies. Without this stuff we were still staffed to redline. With this stuff, it will lead to another interesting summer.


Nothing would surprise me, and if they can find the sim time, I would think they would want to get bodies in the door.
What's interesting is they told us they know they ran the operation at redline all last summer. Now the most recent hires will help prevent that this coming summer. However, that was BEFORE they announced a capacity increase.

Rest up fellas, it could be another busy summer.
Old 11-20-2010 | 06:16 AM
  #52894  
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Originally Posted by johnso29
What's interesting is they told us they know they ran the operation at redline all last summer. Now the most recent hires will help prevent that this coming summer. However, that was BEFORE they announced a capacity increase.

Rest up fellas, it could be another busy summer.
Hopefully, it will be a busy winter and spring for the hiring department instead.
Old 11-20-2010 | 06:27 AM
  #52895  
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Yes, it will be a busy summer.

It is interesting that the WB reserves seem to be flying more than years past and the NB FO's seem to be sitting.

Might make for a few interesting AE's to get bodies where they are needed.
Old 11-20-2010 | 06:34 AM
  #52896  
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Old 11-20-2010 | 06:35 AM
  #52897  
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Originally Posted by acl65pilot
Yes, it will be a busy summer.

It is interesting that the WB reserves seem to be flying more than years past and the NB FO's seem to be sitting.

Might make for a few interesting AE's to get bodies where they are needed.
Up in NYC, on the ER I was flown on every block of reserve days I had available - every month April too. Even broke guarantee a few times this year. So, we're short-ish up there.

Last time, in 2007/2008 wasn't Delta using United's sims for recurrent? Maybe they would do that again to free up some sim time for new hires.
Old 11-20-2010 | 06:37 AM
  #52898  
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Originally Posted by forgot to bid
Absolutely.

Want me to tell you how I did it this past summer?

$2500 401K from a car dealership. Never did anything with it as I had plenty in other 401Ks. To roll it into one of the others would've been silly for two reasons a) I needed the money to help offset $8K in unexpected home and car expenses in a span of 30 days this past summer and b) I lose more than $2500 sometimes in those 401ks in a single day.

I cashed it out. Very easy. Very quick. I'd never do it on a 401K worth more than, well, $2500.

My brother used to have one of those six figure salaries in pharma (oxycotin), that went to 0 three or four years back. He was underemployed for a while and eventually had to cash out of a 401K to save the house and never paid taxes on it because of all the other losses.

It's a 10% penalty and they withhold taxes on it.
OK - I'll quit toying with you.

You (and apparently your brother) were able to cash that out ONLY because you (and your brother) no longer worked there. Had you still been an active employee of the car dealership, IRS regulations prohibit you from withdrawing the elective deferrals you made to the plan until you a) reach age 59 1/2, or, b) qualify for a hardship withdrawal. You are permitted under certain circumstances, if the plan permits, to withdraw the contributions your employer made, but not those you made. And since for most of us, our 401(k) primarily consists of money we've contributed, most of us have a substantial restriction on our ability to "cash it out" while employed.

So, the contention that the two of you have been making that anyone can withdraw their money so long as they pay taxes and penalties is flat wrong.
Old 11-20-2010 | 06:39 AM
  #52899  
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Originally Posted by newKnow
Forgot,

You are supposed to negotiate for the bet (with an extremely high wager) first, then explain, then hopefully collect your money.


New K
It's a good thing he didn't. I might have taken him up on it.
Old 11-20-2010 | 06:43 AM
  #52900  
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Thumbs up Ice Fishing Bikini Team

For my Southern Bros, Enjoy:


Last edited by Amish Pilot; 11-20-2010 at 06:57 AM. Reason: Forgot title
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