Any of you kind fellas (Capt pay) mind sharing how much you are bring home monthly with per diem and what not. I'm trying to make a well informed decision here. PM me if you can. Much appreciated.
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Gama 401K
Anyone have any particulars on the plan please? Thanks!
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Originally Posted by blulavboy
(Post 2597306)
Anyone have any particulars on the plan please? Thanks!
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Originally Posted by speed50
(Post 2597140)
Any of you kind fellas (Capt pay) mind sharing how much you are bring home monthly with per diem and what not. I'm trying to make a well informed decision here. PM me if you can. Much appreciated.
How about this... First year Captain 90K or 3461.54 per pay period (every two weeks, 90,000/26) single head of house hold, 3 exemptions 3461.54 gross 468.72 Fed withholding 0 state withholding(no tax state) 50.20 odi (medicare tax 1.45%) 214.62 ssi (social security tax 6.2%) .99 state labor/industry worker tax ________ 2727.01 net (every two weeks) We file expenses after every 8 day tour. Per diem is $59/day so add $472 every two weeks but this is paid in a separate check. (International per diem is $65) |
Originally Posted by Gundriver64
(Post 2594969)
What is the timeframe to get to the Excel?
Also, are the King Airs gradually being upgraded to PL Fusion or will they keep PL 21 in some airplanes? |
Originally Posted by phlying4fun
(Post 2597334)
What particulars are you needing?
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Originally Posted by David Puddy
(Post 2598101)
When are we gonna start seeing those X airframes on the ramp? Didn’t we see a bunch of pictures a few months back? That would probably provide some pilot movement throughout the fleet...
Also, are the King Airs gradually being upgraded to PL Fusion or will they keep PL 21 in some airplanes? As far as the Xs go, the first 3 are in the process of being added too the certificate now. Since it's a new type, it takes a little while. The rest should be considerably easier. |
Originally Posted by blulavboy
(Post 2598377)
Match? Max?The usual...
401K, company will contribute 50% up to 6% (so in other words, you put in 6% and they contribute 3%). Vesting over 5 years (this sucks, so of their 3%, if you leave after year 1, you would get .6%, year 2, you would get 1.2%, year 3, you would get 1.8%, year 4, you would get 2.4%, year 5, now you get the full 3%. Company pays medical, dental, vision for the family. Annual raises, (can't remember exactly, but year 1, Capt 90K, year 2, Capt 93K, year 3, Capt 96K. what else? |
Originally Posted by phlying4fun
(Post 2598610)
401K, company will contribute 50% up to 6% (so in other words, you put in 6% and they contribute 3%). Vesting over 5 years (this sucks, so of their 3%, if you leave after
year 1, you would get .6%, year 2, you would get 1.2%, year 3, you would get 1.8%, year 4, you would get 2.4%, year 5, now you get the full 3%. Company pays medical, dental, vision for the family. Annual raises, (can't remember exactly, but year 1, Capt 90K, year 2, Capt 93K, year 3, Capt 96K. what else? Capt year 1= 90K Year 2=94K Year 3=98K Year 4=102K year 5= 106K Year 6=108K It basically goes up 2K a year after year 6 FO Pay Year 1=55K then 60K, 65K, 70K, 80K, 82K....Goes up 2K a year after year 6. |
Originally Posted by phlying4fun
(Post 2597338)
There are too many variables to answer that question. How many deductions do you plan to take? Are you married or single? Does your spouse work? How much are you putting in the 401K. Are you using the Roth 401K or the regular 401K?
How about this... First year Captain 90K or 3461.54 per pay period (every two weeks, 90,000/26) single head of house hold, 3 exemptions 3461.54 gross 468.72 Fed withholding 0 state withholding(no tax state) 50.20 odi (medicare tax 1.45%) 214.62 ssi (social security tax 6.2%) .99 state labor/industry worker tax ________ 2727.01 net (every two weeks) We file expenses after every 8 day tour. Per diem is $59/day so add $472 every two weeks but this is paid in a separate check. (International per diem is $65) |
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