Originally Posted by
tallpilot
The majority of the ROI comes from the ability to tax shelter more of your income. The determination of the value of that benefit is a highly individual consideration.
It's in the title 'cash balance plan.' It's basically a savings account for your spill money so you don't have to pay your high marginal rate on it.
you would have a much better return if you pay your ordinary income tax and invest it in the s&p 500 index then with draw at the long term capital gains rate of 15% of only your gains not the initial amount you put in. Prove me wrong…this loa is crap and the union should have never even allowed it.