2014 Profit Sharing?
02-04-2015 | 08:59 PM
#121
Gets Weekends Off
Joined: Apr 2008
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Fortunately? After I looked into what the RHA is I have to disagree. It is managed by a combo of ALPA appointed board members and company appointed board members.
I have very fresh memories of what happened last time ALPA and UAL were in charge of my retirement dollars. I don't want to repeat the same mistake twice.
I have very fresh memories of what happened last time ALPA and UAL were in charge of my retirement dollars. I don't want to repeat the same mistake twice.
02-04-2015 | 09:19 PM
#122
Don't say Guppy
Joined: Dec 2010
Posts: 1,926
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From: Guppy driver
I am referring to a little bitty thing called the A fund. Managed by the company and monitored by the union. GONE!!!!!
I don't want an RHA unless the money is controlled and managed by ME.
02-05-2015 | 01:51 PM
#123
Gets Weekends Off
Joined: Apr 2008
Posts: 1,808
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The B and C fund is mine for the managing, as in the profit sharing when I get it. Once in my account, it is mine to do with as I please investment wise.
I am referring to a little bitty thing called the A fund. Managed by the company and monitored by the union. GONE!!!!!
I don't want an RHA unless the money is controlled and managed by ME.
I am referring to a little bitty thing called the A fund. Managed by the company and monitored by the union. GONE!!!!!
I don't want an RHA unless the money is controlled and managed by ME.
02-05-2015 | 02:46 PM
#124
Gets Weekends Off
Joined: Apr 2008
Posts: 1,808
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Just to add, I lost my A Fund as well & trust UA less now than I did then. I get the skepticism, but the RHA is a benefit that I prefer to keep. Regarding UA & ALPA, each of the benefit plans mentioned above still have oversight and direction from both entities (despite the account having your name on it).
02-05-2015 | 08:39 PM
#125
Don't say Guppy
Joined: Dec 2010
Posts: 1,926
Likes: 0
From: Guppy driver
I am over the A plan, it is water under the bridge. My point is I don't want to put more money under the same bridge. While the company does have oversight of my Schwab account, I get to decide how to invest it.
I was on voluntary furlough and transferred all of my money out of Jack Russell except for 11,000, which I was required to keep in there. Due to their ineptness, I was required to send them a sizable check, twice, to get the balance back to 11,000.
I want as little money of mine as possible under UAL or ALPA stewardship.
Jack Russell was a friend of Rick Dubinsky.
I was on voluntary furlough and transferred all of my money out of Jack Russell except for 11,000, which I was required to keep in there. Due to their ineptness, I was required to send them a sizable check, twice, to get the balance back to 11,000.
I want as little money of mine as possible under UAL or ALPA stewardship.
Jack Russell was a friend of Rick Dubinsky.
02-06-2015 | 06:36 AM
#127
Line Holder
Joined: Jun 2010
Posts: 943
Likes: 0
From: 747 Captain, retired
History may be on your side, but some of us sold our claim in the sale and others(I did) had the foresight to divorce their wives, collect half of their esop shares to "pay their wives off" in the divorce settlement and then re-marry their wife.(I didn't)
02-06-2015 | 07:40 AM
#128
Gets Weekends Off
Joined: Sep 2010
Posts: 1,253
Likes: 0
Ah I might be missing some irony, but how much does Jack Russell charge to manage your retirement?
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