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United Airlines Pilots Reject Their 2024 Contract?
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In this episode of The Wealthy Pilot's Podcast, we discuss recent developments in market-based cash balance plans within the airline industry, focusing on United Airlines pilots’ rejection of their proposed 2024 contract. Scott and Marc break down how these unique retirement plans work and why pilots are concerned about their long-term financial benefits.
They also explore the trade-offs between opting into market-based cash balance plans versus taking the money upfront and investing it independently. Tune in for valuable insights into these plans and what pilots should consider when deciding on their retirement strategies.
Here’s some of what we discuss in this episode:
0:00 – Intro
0:53 – How the plans work
4:09 – What drove United’s choice?
5:41 – Taking control of our finances
8:19 – Looking ahead
Resources:
Schedule A Call with Scott: http://callosborn.com/
Scott's Book, A Pilot's Guide To Maximizing Wealth & Cashflow In Retirement: https://amzn.to/3xSn1ii
The Pilot's Planner Website: https://thepilotsplanner.com/
Watch the podcast on YouTube! https://www.youtube.com/@ThePilotsPlanner
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