Originally Posted by
bugman61
The MBCBP is not tax free, it’s tax deferred. An important distinction that even the R&I committee neglected to mention in initial info on the plan. And I am interested in you having the option to use the plan, but not at the expense of forcing me to put $16k plus per year into an underperforming brokerage account that does more to enrich fidelity or PWC than me.
In all diversified portfolios there is a place for low beta assets. MBCBP is that low beta asset. The amount of that asset is still up to you based on 401k and other funding choices. Your risk tolerance in the other vehicles can increase because of the MBCBP. You will never need to own bonds or expensive dividend producers again.