Written by Here’s an updated listed of the jet card sellers that are offering future tax savings if you buy a jet card before the end of the year
Well, more and more private jet card sellers are concluding that if you buy a jet card before the end of the year, your funds will fly you tax-free in 2021 and beyond – either until your card or the funds expire.
Since some programs never expire funds, conceivably you could deposit, well, whatever you want.
There are some good reasons not to overbuy, and I won’t repeat everything about the CARES Act and why this is happening again. You can read in detail here.
I’m also keeping this page updated.
However, so the offers are top of your inbox, here is the latest list from what I’ve been seen and told:
- Airshare
- Airstream Jets
- Alliance Aviation
- Dumont Aviation
- Exec1 Aviation (will absorb FET in 2021)
- Executive Jet Management
- Jet Linx Aviation
- Jets.com
- Flexjet
- FlyExclusive
- Magellan Jets
- NetJets
- Nicholas Air
- Sentient Jet
- Wheels Up
- Unity Jets
One bit of advice. You can easily spend more than 7.5% in FET savings by choosing a program where the rules aren’t a good match for your flying, for example, daily minimums, long-flight discounts, peak day surcharges, service areas, and so forth. In other words, don’t forget to subscribe and know before you buy it.