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mu2captain

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  1. mu2captain

    FY 14 Force Management Program (RIF, VSP, TERA)

    mu2captain replied to AOF_ATC's topic in General Discussion
    It would be nice if we could count the VSP as a company contribution to your retirement plan (TSP) and be able to put ~$53K (the max) in there on a tax deferred basis. You can only put in $17.5K as an individual but can go to ~$53K with company contributions. Isn't the VSP considered a retirement payout? It would be nice to take a nice chunk of $$$$ in a 401K to Delta/American/United (whoever calls first), whose retirement plan is a 15/16% company contribution to the 401K. On another train of thought for those of us who will get VSP rejected...the Air Force should probably consider this as an option for the bonus (Fill up the TSP to the limit)...so when you get kicked out as a 16 yr O-4, you at least have something to show for when you show up at the airlines.

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