Originally Posted by
bugman61
If I don’t have an option to prevent that, I’m voting no regardless of the rest of the deal. And I’m far from alone.
I’d be interested to hear more about this. Why the disdain?
My finance guy can’t wait for me to have this thing up and running to shield more money from income tax since we’re about out of options. Sure, the risk/return profile isn’t what I’d want for my whole nest egg, but the MBCBP money will only make up a tiny fraction of the whole and can be offset elsewhere to keep an appropriate diversification profile. ~40% tax deferral on state and federal sounds pretty good to me on money that would otherwise be getting hit broadside at the highest rate.
What am I missing?