NQDC
#1
Thread Starter
On Reserve
Joined: Jan 2019
Posts: 85
Likes: 2
From: 350B
Sure a lot of thrash over the MBCBP. You know, the Non-Qualified Deferred Compensation (NQDC) that the union is proposing also meets a lot of the same needs.
Optional. Tax deferment. Some return while deferred. Low cost to the company (ie easy to negotiate for).
Just a thought.
Optional. Tax deferment. Some return while deferred. Low cost to the company (ie easy to negotiate for).
Just a thought.
#2
Line Holder
Joined: Oct 2014
Posts: 1,012
Likes: 12
It’s a great plan that can be very helpful to people close to retirement. You can save a ton in taxes and defer money from social security and your retirement accounts until later.
And because it’s actually optional everyone should support it.
The only downside is that it’s not actually more money for retirement, it’s just a way for you to redistribute your own earnings.
And because it’s actually optional everyone should support it.
The only downside is that it’s not actually more money for retirement, it’s just a way for you to redistribute your own earnings.
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