Originally Posted by
notEnuf
I get it, you don't want anymore DC.
This is completely false. You already have optionality by the amount of funding you choose. The company can contribute up to 20% of $330,000 without any excess. If you choose to cause excess that's on you. I'm all for optionality but the reality is going to come out soon that the IRS is not on board with it. Then what? Is a "mandatory" deposit of overages you can determine really a bad thing. Most of us will find ways. I can save $81,000 in sheltered vehicles next year. And an unlimited amount if it goes into 529s. Some of that will be in conservative diversified income yielding assets. Does it matter if that small portion is in a MBCBP or another account?
You're not understanding that most pilots hired in the last 15 years have no interest in "guaranteed returns," pensions, deferring taxes, or some third party entity managing our money. We have never seen this type of thing work out well.
Most of us expect (hope) to be in roughly the same tax bracket in retirement as we are now. We also are fairly certain tax rates will actually be higher by the time we retire. That's why we want to pay taxes now.