Originally Posted by
Trip7
I like the concept of the VEBA. Now a 5% return on a VEBA I'll take because very very few investors can beat a triple tax advantaged account with a taxable one. Petitioning the IRS to allow pilots to limit the amount of DPSP Cash that goes into the VEBA would be a big win. Although the VEBA is not pensionable, I think it's a good trade-off for tax free dollars going towards the largest expense for most retirees.
I agree that a VEBA could be a huge win with the right language...the triple tax benefit is a huge benefit. That said, after the abysmal sell job on pretty crappy language last time, I think our MEC would have big battle to ever get one here.