Originally Posted by
Big E 757
I see what you’re saying. I did breeze through it. I was under the assumption that the MCB plans purpose was to capture DC overages and protect them from taxes, but the document seems to say different, right? That the contributions have to be the same size all year. My eyes or brain fogged up. Why are you getting yourself banned? Or how, is a better question
ALPA’s intent has been to capture DC overages and protect them from taxes.
Many of us don’t want that due to the mega back door Roth, or other reasons why we don’t want more income sheltered from taxes. Especially when it’s placed in an expensive and inefficient vehicle.
The document has a few different funding mechanisms but they are all uniform and mandatory which is not what ALPA has proposed.