6,529 (Plan-to-Plan Transfer, Drew Payne, Mike Haynes) - podcast episode cover

6,529 (Plan-to-Plan Transfer, Drew Payne, Mike Haynes)

Aug 12, 202431 minSeason 5Ep. 17
--:--
--:--
Listen in podcast apps:
Metacast
Spotify
Youtube
RSS

Episode description

Today's SWAPA Number is 6,529. That's the number of our pilots who are qualified to participate in this year's profit sharing transfer. A new provision in Contract 2020 allows pilots a one-time transfer of their profit sharing balances into the top ranked SWAPA 401(k) plan. Since it's a one-time benefit, it's important that our pilots understand the process and the details that could trip them up. So today on the show, we're going to talk with 401(k) committee chair, Drew Payne, and 401(k) director, Mike Haynes, about the transfer window, the process, and whether or not this year's transfer is the right time for you.

If you have any feedback for us at all, please drop us a line at [email protected] or tap here to send us a text.

Follow us online:
Twitter - https://twitter.com/swapapilots
Facebook - https://www.facebook.com/swapa737

For the best experience, listen in Metacast app for iOS or Android
Open in Metacast
6,529 (Plan-to-Plan Transfer, Drew Payne, Mike Haynes) | The SWAPA Number podcast - Listen or read transcript on Metacast