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173. Making the Most of Your Airline 401k

A Wiser Retirement®
A Wiser Retirement®
Episode • Jul 10, 2023 • 30m

Did you know that the world of airline pilots is rife with unique retirement planning challenges and opportunities? On this episode of A Wiser Retirement™ Podcast, Casey Smith and Missie Beach, CFP®, CDFA® discuss different 401k options for pilots. Crack the code of planning for retirement as a pilot with our in-depth discussion on the industry, pensions, non-elective contributions, and 401k's. Discover the benefits of a Market Based Cash Balance plan, and the financial implications between major and regional airlines, and comprehend how the ever-changing airline industry now offers more competitive salaries and 401k matching plans.

Learn how to manage money efficiently and capitalize on tax credits for a secure future. Understand why it's important to keep your savings in multiple buckets and get expert advice on how to invest wisely in ETFs while steering clear of annuities.

Download your free airline 401k allocation by clicking here.

Podcast Episodes Referenced:
- Ep 162: Is your retirement plan ready for takeoff?

Youtube Videos Referenced:
- Avoid Asset Managers Looking to Manage Your Airline 401k
- Delta Pilots- Market Based Cash Balance Plan

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