Originally Posted by
TomAce
The lack of cash over cap makes the MBCBP at risk to IRS limit changes. Not to mention the 6.5% target rate is well below the market average of 10%. Delta’s eventual 18% DC with cash over cap with optional spillover into a MBCBP is a better retirement option.
I fail to see what is so great about our retirement to make all the concessions worthwhile.
IRS limit changes have always gone up. They rise in relation to inflation and increasing wages. They don't go down. 2023 401k went form 6,0000 in 2022 to 66,000 2023. Big jump.