Originally Posted by
Gunga Din
Not sure I agree with this. 1st, a 15% participation requirement seems low. Especially after reading about the stuff here. Everyone agrees it's important and needed. This leads me to think we'd have more that 80% sign up.
2nd, if we pay for the fees the benefit is tax free. If it's company paid then it's generally not. The statement was vague so it's unclear how it would be structured. The idea of having "own occupation" to 65 is a big plus.
Like they say the devil is in the details. The rest of this offer is embarrassing tho.
Even if taxes arent withheld from the paycheck, I assume Uncle Sam would still want his cut at the end of the year when those earnings are reported.
And I hope that 15% would sign up, but because I have no way of knowing, I consider it to be not reliable enough to bank future payments on it.