profit sharing

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Southwest Airlines Employees Won’t See Most Of Profit Sharing In Their Paychecks

Feb 10 2020

All of the reporting about Southwest Airlines employees receiving 6 weeks of extra pay in their paycheck next month turns out to be inaccurate since most of the money is required to go into a retirement account that is separate from employee 401(K)s. That’s good for employee retirement, but not as valuable as cash for those who want access to the funds today.

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