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Old 09-05-2022 | 12:50 PM
  #360  
bugman61
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Originally Posted by higney85
Ok, let’s talk. I’m nowhere near retirement by decades so my fight is not WITH those who lost there pensions. Point of order here. I fly with many in that group, and hear everyone’s version- regardless of asking.

Next, a plan is managed by a fiduciary. Not the company and not ALPA. With the potential size of 14+k, any of the major houses will actually bid a competitive offer on pricing. Historically a MBCBP is based on the age of participants. With guys/gals/folks retiring yearly, but demographically sooner it would be a conservative portfolio and likely performance. The question becomes what is a 9% increase to the 401K, and a mbcbp? And tax, and growth, and other hands….. run the damn numbers. How it makes less sense for anyone down the line will blow the minds of financial professionals, accountants, lawyers, doctors, etc.

MBCBP- those are the folks that created what we want….
If you only want to use the money for retirement, and your main goal is tax deferral, the MBCBP gives you a vehicle to get a conservative return with small pension related risk factors. That’s great for some people, but not me.
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