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Originally Posted by Planepirate
(Post 2540441)
You ain’t edumicated. The company can contribute up to $53k to your retirement. You would have to make $481k for them to hit that.
Still not a bad provision to have as your pay rates climb [and Company contribution rate?—honestly don’t know, not poking at you] over the life of the contract. As a side note, the contribution limits and overage limits increase by $6,000 per year starting the year you turn 50. EDIT: Looks like GoCats beat me to it. Like everything else, I’m late to the party! |
Originally Posted by GoCats67
(Post 2540456)
The limits shown on IRS.GOV for 2018 are as follows:
"The limitation for defined contribution plans under Section 415(c)(1)(A) is increased in 2018 from $54,000 to $55,000." "The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan is increased from $18,000 to $18,500." "The catch-up contribution limit for employees aged 50 and over who participate in 401(k), 403(b), most 457 plans and the federal government’s Thrift Savings Plan remains unchanged at $6,000." Remember that the limit of $55,000 (assuming you are under 50) applies to contribution from all sources, so if you contribute $18,500 then the company can only contribute $36,500. Now that would mean you would still have to make over $300k, and I think the IRS limits the income that can be used to $275k, so that shouldn't be a factor. |
Jesus Christ those rates are pathetic!
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Originally Posted by Yetifan
(Post 2540941)
Jesus Christ those rates are pathetic!
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Originally Posted by Yetifan
(Post 2540941)
Jesus Christ those rates are pathetic!
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Originally Posted by hayimcow
(Post 2540949)
Your mom is pathetic brah.
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Originally Posted by Lincoln Osiris
(Post 2540951)
He’s just a troll. If you look at his post history all he does is go from airline to airline boards telling them how much they suck.
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Originally Posted by hayimcow
(Post 2540949)
Your mom is pathetic brah.
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I was reading the CBA and says ....for A321 pay rate is 110% of the current rates...is that the way company is going to pay a pilot to fly the A321? ...Thanks
Have a interview next week...looking forward to join.... |
321 override is averaged into all the flying. Basically it adds 2% to the current rates.
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