Originally Posted by
notEnuf
I'm not dictating anything, I am advocating for my money to be mine and yours to be yours. I don't think trading a tax advantage scheme for you for a year or two is a fair trade to lock my money up for decades. The "optional" is not optional and never has been. We are hoping to design as brand new plan that has specific features we desire, along with differed tax liability. This new, never before created or approved plan relies on government approval, color me skeptical.
Well it's good you are advocating what's mine is mine and what yours is yours. That's a given and irrelevant. What is relevant is how we receive what is ours. Your opinion is different than mine. Not right or wrong just different. If, as you say, the plan is not optional (which I'd argue it has yet to be determined) then you are dictating how I receive my money just as much as I'm dictating it to you. You do not have the high ground here......we are on level footing with differing opinions.
You are also making this personal by saying it's for me for a year or two. The tax deferral is not just for a couple of years, it's for the life of the plan and affects everyone, not just me.
Denny