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744ButtonPusher 11-13-2024 06:27 AM


Originally Posted by ThumbsUp (Post 3851907)
Transferring your traditional ira a 401k solves this problem.

If does , IF the plan allows it, I honestly don’t know Id the PRAP does or not..

Voski 11-13-2024 06:35 AM

The union usually puts information out late November / early December for guidiance on retirement planning in the subsequent year, so definitely be on the lookout for that.

ThumbsUp 11-13-2024 06:37 AM


Originally Posted by 744ButtonPusher (Post 3851990)
If does , IF the plan allows it, I honestly don’t know Id the PRAP does or not..

It does. I’ve done it just for that reason. Or more correctly put, it did. I have no idea if it still does, but I would assume so.

phishhman 11-13-2024 06:38 AM


Originally Posted by AF OneWire (Post 3851714)
And your PRAP cash 17% will be reduced by taxes. Lots and lots of taxes.

And lets not forget that ALPA gets a taste as well.

yellowNEO 11-13-2024 06:38 AM

I'm excited for our 18% DC in 2026; compounded with the annual raise, that should make maxing 415(c)(1)(A) limits that much easier.

dmeg13021 11-13-2024 08:01 AM


Originally Posted by yellowNEO (Post 3852001)
I'm excited for our 18% DC in 2026; compounded with the annual raise, that should make maxing 415(c)(1)(A) limits that much easier.

and let's not forget we taste that because of ALPA

LJ Driver 11-13-2024 10:58 AM


Originally Posted by dmeg13021 (Post 3852035)
and let's not forget we taste that because of ALPA

And ALPA is compensated handsomely $5-10k per year per United pilot on average (~17,000 pilots?). Would be nice if that was a deductible work-related expense.

JoePatroni 11-13-2024 01:03 PM


Originally Posted by LJ Driver (Post 3852098)
And ALPA is compensated handsomely $5-10k per year per United pilot on average (~17,000 pilots?). Would be nice if that was a deductible work-related expense.

It is….as far as I know union dues have always been a legal deduction.

LJ Driver 11-13-2024 03:00 PM


Originally Posted by JoePatroni (Post 3852137)
It is….as far as I know union dues have always been a legal deduction.

They aren’t deductible anymore (c 2018).

PK387 11-13-2024 05:45 PM


Originally Posted by LJ Driver (Post 3852171)
They aren’t deductible anymore (c 2018).

This is correct federally, although some states will let you deduct them.


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