Originally Posted by
Flyingphi
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.
Well if you retire during a major recession like 2008, then no, your basic mutual fund would not beat this. This is a conservative investment strategy, but will only makeup a tiny part of your retirement portfolio. 5-10k a year going into something like a bond account while decreasing your taxable income is not too bad when you are making $300-600k a year.
Originally Posted by
Flyingphi
…this loa is crap and the union should have never even allowed it.
But yes, your union reps really failed you by not matching the Delta MBCBP.