they’re popular because those people set them up as part of their own business/practice, so the optionality is built in. We don’t, and likely won’t, share similar optionality.

It’s hard to define a Deadzoner. I’m starting to think the Deadzoner in more of something you decide to be.
With that said, I have decided to become one. Kids now a days don’t know anything about flying with a Surface or life before MiCrew. Hell, they have never had to sign into the lounge. New hires getting 7ER is common and not a damn one of them has had to fill an ASAP because they got maddog’d when the altitude didn’t capture.
All I want is the post Covid hires to give me a little bit of their money.

MBCBP is letting the tax tail wag the dog.

It is a good tactical vehicle for shifting tax burden in the near term (2-5) years. Assuming income tax rates don't move against you, tax savings (hopefully) overcomes the loss to inflation. It's bad for long term investing where beating inflation is required to build wealth. Equities and real estate build wealth much more effectively than fixed returns. The real winner of the MBCBP is the plan administrator who collects a fee for assets under management. If we get the optional plan, I may use it when close to leaving Delta.

Curious where you get this idea? Everything I’ve read through official channels suggests this will either be optional or it won’t happen. I know all the angst is about a program that would theoretically mandate participation…which no one I interact with supports.

Can you show your math? My research indicates it can be a worthy starting much farther out from retirement than age 60-63.

IIRC, they also have the flexibility to set a higher interest crediting rate where the business can absorb the difference in down years. It is actually a great plan if you draw a huge salary from a business you also own.

We won’t get this plan with optionality. Where we go from there depends on your personal level of cynicism/optimism

Im guessing the plan will be mandatory for everyone *if voted in*. Probably won’t make it into the TA because of timing I’m thinking.

Yes, I can show my math, but I won't. I've done several retirement spreadsheets allowing for multiple assumptions on tax rates and rates of return. You can create whatever result you want based of what you believe the result should be just by tweeking a few variables. My inputs assume the S&P500 index will outperform the MBCBP by several percent, my retirement tax bracket will still be at or near the top bracket and that tax rates for the top brackets aren't coming down.

If "showing my math" actually changed anybody's mind, most of the readers would have set the the DPSP autopilot to "boglehead technique" and invested every available outside dollar in value add real estate and income property over the last decade. Math doesn't change opinions, emotions do.

All good - its hard to coney nuance on the interwebs. I did not see anything about an additional week of vacation and could have easily missed it, but that along with increased value per day and faster accrual would definitely spread the benefit throughout the Pilot group. I would love to see that and hope we get it.

Scoop :)