Originally Posted by
AF OneWire
At the “CAP” the companies contributions then go into the MBCBP, so the same amount of dollars go to me just in a different vehicle. It’s still tax differed just invested more conservatively. I can change the investment mix in the PRAP to still have the same overall level of risk in my portfolio.
Your vote on this issue should be based on if you want more dollars to go to the RHA or a tax differed savings plan that you can give to your heirs.
AF OneWire,
1) Nobody has said that the compnay doesn't contribute the same amount.
2) You speak about the investment mix in a PRAP. I have my "safe" dollars in my PRAP in SGOV. It's liquid in my PRAP. It's accessible in my PRAP. I can borrow against it in my PRAP if I were buying another gome and needed some extar cash for a better down payment. Money in the PRAP and money in the CBP are not the same.
3) My vote on this is based on our overall UPA. We didn't ratify UPA23 with the thought of having to contribute more of our own dollars to max out our best "vehicle."
4) There isn't anyone here that does not want to leave more money for their heirs. We all do. But most of us want this language to be right. We're not trying to avoid leaving more money for our heirs. We all want the CBP. We want to get this language right because the effects of this will be permanent. Irreversible action switches are guarded for reason.