Originally Posted by
FlyPurdue
This is so dumb - we will vote this down, and then in 2 years we will get an identical product but with no MR vote attached, and 2 more years of PRAP Cash and an over funded RHA/AHRA.
Did anyone read last evenings Q&A? I still don’t see any downside to this LOA. My financial advisors love this - we can be more aggressive in other buckets because we are insulated with the bond mix in the CBP.
Typical C33 is just parroting half truths for their own agenda.
Remember, perfect is the enemy of good - and i don’t see any benefit in voting this down, and getting the same agreement, in 2 years without any of the tax shelters during that time.
The fact that the company contributions are capped at the IRS 415 limit in perpetuity was a deal killer for me. Glad your financial “advisors” are so giddy to make more money off you. My fiduciary firm told me to wipe my ass with this thing.
Sorry but there is nothing wrong with the current system, and if we need to wait for IRS approval to get the CBP with no strings attached… I’ll wait.