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Old 01-26-2020 | 07:34 AM
  #1  
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Default NQDC

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.
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Old 01-26-2020 | 11:12 AM
  #2  
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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.
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Old 01-26-2020 | 01:17 PM
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And god help the younger guys if there is another bankruptcy.

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