Originally Posted by
scrmhalf
Because the excess money that is slated for retirement is not qualified. It is negotiated as retirement and there should be a vehicle to have that excess qualified. This is why pilots are dumb. Do you see Ed or any high income earner taking all their money as a paycheck? No, they try and get as much deffered income as possible.
You do realize when you pull it out of the MBCBP it'll be taxed as INCOME. Executives get stock options which is a totally different thing.