XR650R
Well-known member
- Joined
- Jun 6, 2005
- Posts
- 215
9 year SWA Capt. 12-14 days of work per month- picked up a few days along the way, opted for "max pay" for training events (train on days off) , and $9700 cash for options exercised- line 1 = $227,580. From this you would have to subtract $15,500 for 410(k). BTW, total 410(k) contribution for the year would be $31,000. Profit sharing is about $18,000 (7.9%) and that goes into a qualified retirement plan (same as 401(k)) basically. There's a few ARISA limits that I can't remember right now but somewhere around $49K should go towards retirement. (something tells me that that amount probably exceeds the previously mentioned ARISA limit) With age 65 becoming a reality, only 28 years to go- whew!