Originally Posted by
Jughead135
That one's a lob. By and large, are the pilots in that group the same as those earning in excess of the compensation limit?
Originally Posted by
Vsop
I’m in that group 3 kids under 5 and NBA now.
Originally Posted by
bozo99
Houses, kids, boats, and Miatas are apples to oranges comparisons and not what the common arguments surrounding the MBCBP have been about. If pilots want to *spend* their money instead of saving, that's awesome too.
As for bonds, "overindexed" is in the eye of the beholder but I did the math and even with your stated assumptions the max "forced" bond allocation is 10-20%.
The interesting thing that no one is talking about is the possibility that super-young captains may hit the IRS DB limit in the MBCBP. That would be a good problem to have.
It's unlikely the MBCBP portion would grow to that amount. The IRS limit for an annual DB payment is $265,000 for 2023 adjusted upward for inflation. Given that the MBCBP isn't designed to significantly outpace inflation, it is unlikely the future balance would support a DB payment exceeding the future inflation adjusted values.