Originally Posted by
sailingfun
They could have put more funding into the pension plans. The limits were on the amounts they could put into the plans and receive tax benefits.
Orrrr.......we could have recognized the risks of being suitcased in such a predicament.
And maybe instead executed a voluntary termination to freeze plan and transitioned to a DC that would have freed delta to put some of all that excess cash into our individual retirement accounts.
I think the self directed limit in 2000 was mid $30k/year