Originally Posted by
Scoop
I thought about cashing out on my MBCP and just using it for saving on dues (Great plan in hindsight) but after paying the taxes at the current level, say $400k and up for many 59 1/2+, is it worth it? I can let the MBCP grow and then start withdrawls after I retire from DAL. Hopefully my retirement income will still be significant, but it will definitely be lowe
Am I missing something here?
Scoop
I *think* the ref to rolling over is from MBCBP to 401k, which would be tax free. Gives the advantage of changing investment allocations while keeping the funds tax free until you start actually pulling from retirement accounts later.