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SWA pilots....help us with some info....

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Old 06-06-2012 | 12:34 PM
  #21  
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1/2 captain pay, 1/2 FO pay $221,000 total. Add $6500 per diem, worked 154 days. Add $16,500 matching 401k.
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Old 06-06-2012 | 12:36 PM
  #22  
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Originally Posted by Pineapple Guy
Thanks for that. I think I understand. So basically, for a higher paid pilot to get the 9.3%, he'd have to contribute 10% pre-tax up to the 402(g) limit, then keep contributing 10% after-tax for the remainder of the year.
Pineapple, that's not correct. You don't have to contribute beyond the annual maximum 401k amount of $16,500 to continue getting company matching funds up to the $25,000 limit.
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