Originally Posted by
St Exupery
I'm a no on this as well. Quick back of the napkin math says over 25 years the difference between the amount the company is not contributing to the PRAP and instead putting into the MBCBP will be over $700,000. The MBCBP is too conservatively invested for serious growth. I understand the reason for it and it certainly serves a purpose. But this is not the way.
Whether it’s now or in a year or two, we will get the CBP as an option instead of the RHA. As I’m all for this as an option to dump money into pretax, I feel like we should be focusing on what we want to actually change. Top things for me:
1. Less conservative investment, perhaps 50/50 or even 60/40 stock/bond portfolio.
2. Cash over cap option.
3. No PRAP company limits.