Originally Posted by
hockeypilot44
I’m in. I thought for sure I was going to opt out initially. I even have the final form in my email, but I never signed it. Not sure if I’m making right move, but I think I’m going to lower my contributions and try to sharp shoot the max 401k to have as little excess as possible going into this account. This forum convinced me to stay in it.
-Sharp shooting is not required, just set 3% 401k if you exceed the 415c income threshold.
-Next year we get 17% DC, so your 3% will max the contribution limit which is 20% of the income limit.
-You can select the optional catch up contribution if you are over 50. I set mine at 10% and just let it run until full.
-If you are over 50, and over the income limit, you could consider the MBCBP as your "catch up" and not make the 401k catch up contribution from earnings.