Originally Posted by
First Break
Fair enough. If there is truly some massive “gotcha” boogie man that wasn’t disclosed by ALPA or Delta, I’d gladly join the group DFR lawsuit.
I could be wrong on this, but I don’t think the imputed income differences have anything to do with discretion by met life in the desperate treatment of both plan offerings. I think it’s a byproduct of the tax code and how group term vs universal life policies are treated for purposes of calculating imputed income.
Everything else being equal, smart money is on the most tax efficient option.
Between the MBCBP, the GVUL and the deferred compensation plan (if that ever gets going), that's a pretty interesting assortment of options.
My wife is a few years younger than me, and I see there are new DPMP options for that situation as well that saves real money.