Originally Posted by
kronan
Truth is TonyC reversed the actual limits
401(a)17 limit is 275k. Beyond which Mgt makes No additional Contributions, regardless of whether the B plan rate is 8%, 9%, or 20%
the 415(c)(1)(a) limit is 55k. Beyond which no DC contributions are possible (other than Catch-up for those of us at least 50 in any given year).
No, he didn't. He said:
Originally Posted by
TonyC
We already have pilots hitting the 415(c)(1)(a) contribution limits.
I should have used an uppercase A between the last pair of parentheses, but other than that ...
BLOB responded by talking about the "the IRS income cap", but that's not what I referenced. (
Do you think I have "(c)(1)(A)" memorized? I looked it up (
IRS News Release IR-2017-177, Oct. 19, 2017 "IRS Announces 2018 Pension Plan Limitations; 401(k) Contribution Limit Increases to $18,500 for 2018")
before I quoted. 
)
For the record, I'm not opposed to raising the "B" Fund percentage, and I'm a proponent of Cash over the Cap. However, I do not believe it can replace the value of a 50% Income Replacement valued "A" Fund. Furthermore, I'm not willing to settle for only an improvement in the "B" Fund as a way to halt the Variable Benefit scheme train.
- Abandon the Variable Benefit nonsense.
- Raise the FAE Cap on the "A" Plan.
- Raise the contribution percentage of the "B" Plan, and include Cash Over Cap.
- Implement a Cost of Living Adjustment for the "A" Plan.
That should be our path forward.
.