Originally Posted by
TED74
MBCBPs may not be off interest to you, and that’s fine. They are extremely popular with other high-earners like doctors, lawyers, small business owners, etc., or folks who have interest in deferring more income taxes than they might without such plans. Optionality is the key that everyone, including DALPA, has acknowledged is essential.
Do you know why it's popular with those groups? Because it's a SMALL group of folks pooling their money together and they have a heck of a lot more control over what the plan is invested in, and I guarantee it's not aimed to get a 5% return. On the other hand, forcing spillover from 14,000+ pilots to pool together and then aiming for a 5% return and telling us it's a good deal to save on taxes is an insult to the collective intelligence of Delta Pilots.