Originally Posted by LeineLodge (Post 1613139)

Scambo's explanation was much better than mine.

The company DC money and your contributions both end up in a Fidelity account which has a ton of options for how you want to invest. You also have the option of making Roth contributions which are post tax. Some guys will go that route so they will have both pre/post tax $ available in retirement. Everyone's situation is different and a lot depends on your personal view of where tax rates will be in the future vs your likely tax bracket, etc.

Originally Posted by GogglesPisano (Post 1613191)

That's always been one I can't figure out.. How can your tax rate ever be higher when you're retired? Seems like a Roth 401k exposes you to way more taxation now when you're making 6 figures, than the potential taxes on a straight 401k when you retire.

Originally Posted by GogglesPisano (Post 1613191)

That's always been one I can't figure out.. How can your tax rate ever be higher when you're retired? Seems like a Roth 401k exposes you to way more taxation now when you're making 6 figures, than the potential taxes on a straight 401k when you retire.

Originally Posted by ITSALLGOOD (Post 1569816)

For all you swimmers and hopefuls who like to build charts and do calculations, here are some updated numbers from a friend in Network:
Mainline growth A/C (not replacements) between 01Jan14 and 31Dec17
717 - 69
321 - 30
739 - 18 (tied to 757 retirement plan and subject to change)
333 - 10
Pilot requirement is 14 per NB and 20 for 330.
He does not work in Crew Resource but has heard they plan on attrition of appx 1000 pilots in the same time frame. FWIW.

Originally Posted by gr8vu (Post 1613127)

How is per diem calculated for trips?

Originally Posted by Ragtop Day (Post 1613215)

Depends on how long you have until retirement. Its more than just tax rates, it also includes taxes on the gains. If you have 30+ years to go, $10,000 now may grow to $100,000 at retirement. Better to pay income tax on the 10 large now and keep the $90,000 in gains later tax free.

If you only have a few years until retirement, the math probably works better in favor of a traditional 401k/IRA.

Of course everyones situation is different so do your own diligence/consult with an advisor etc.

Originally Posted by flycozter (Post 1613245)

I'm pondering quality of life living in Atlanta. Anyone know how much 717 growth is planned and left yet for Atlanta? Based on quality of life factors of only 1)schedule control 2)ability to hold a line, and 3) seniority bidding reserve, I rank the aircraft as follows: 1) MD88 2) 717 3) 320 4) 737. Any opinions on this? Any current plug info? Just trying to make an educated choice.

Originally Posted by badflaps (Post 1613272)

Think of it this way, over the last thirty years, and all the bases, Mecca is the only survivor. If you don't want to commute and you can tolerate grits, there is only one answer.