Originally Posted by
FDXLAG
I agree although when you are working the first 10 years capping out the B Fund is nice. You have to figure that the total B fund over a 25 year career the 12% vice 9% probably makes a $50K difference. Of course our 2nd year 75 captains don't have to worry about that.
FDXLAG,
Are you guys at 9% now? I thought you just got bumped up to 8%? Even so, with the federal limit of $265k, 12% is $31,800 a year and 9% is $23,850 and 8% is $21,200. Even $8k a year over 25 years is $200k and that doesn't count the time value of money and compound interest.
Where are you getting $50k?