Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Fractional > NetJets
NJ for Families in 21 and Beyond >

NJ for Families in 21 and Beyond

Notices
NetJets Fractional Operator

NJ for Families in 21 and Beyond

Old 08-08-2021, 02:29 PM
  #51  
Gets Weekends Off
 
Das Auto's Avatar
 
Joined APC: Sep 2013
Posts: 537
Default

Originally Posted by GeeWizDriver View Post
They call it a “non-discretionary” contribution meaning you had no choice on the percentage of your FDP that went into the 401K. It doesn’t count against your personal contribution limit ($19,500 or $26,000 for us old farts) but it does count against the overall limit which is $58,000 or $64,500 this year, depending on your age. Theoretically, if you contributed the max (with the company match)and REALLY killed FDP, you might scare that overall limit.

The union is mulling survey data on whether to change the 33% number. Any change would be subject to a ratification vote.
Two questions.

1) Are "old farts" as you put it typically contributing to a conventional 401k, a Roth, or both?

2) Do you really drive a GeeWiz? Because if you do, I hope it's for charity!
Das Auto is offline  
Old 08-08-2021, 05:33 PM
  #52  
Speed, Power, Accuracy
 
Joined APC: Sep 2007
Position: PIC
Posts: 1,297
Default

Originally Posted by Das Auto View Post
Two questions.

1) Are "old farts" as you put it typically contributing to a conventional 401k, a Roth, or both?

2) Do you really drive a GeeWiz? Because if you do, I hope it's for charity!
1) If you’re over 50, your limit is $6,500 higher for catch-up. But you knew that. I’m in that camp and max the 401k and contribute after tax dollars to a Roth every year. What other people do I don’t know.

2) WTF? Been driving G’s for 29 years if you must know.
GeeWizDriver is offline  
Old 08-09-2021, 05:35 AM
  #53  
Gets Weekends Off
 
Das Auto's Avatar
 
Joined APC: Sep 2013
Posts: 537
Default

Originally Posted by GeeWizDriver View Post
1) If you’re over 50, your limit is $6,500 higher for catch-up. But you knew that. I’m in that camp and max the 401k and contribute after tax dollars to a Roth every year. What other people do I don’t know.

2) WTF? Been driving G’s for 29 years if you must know.
https://en.m.wikipedia.org/wiki/REVAi
But they've only been around for 20 years!
Das Auto is offline  
Old 08-09-2021, 06:33 AM
  #54  
Speed, Power, Accuracy
 
Joined APC: Sep 2007
Position: PIC
Posts: 1,297
Default

Originally Posted by Das Auto View Post
https://en.m.wikipedia.org/wiki/REVAi
But they've only been around for 20 years!
LOL

Never heard of them before.
GeeWizDriver is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Thread Tools
Search this Thread