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-   -   MBCBP (https://www.airlinepilotforums.com/delta/144920-mbcbp.html)

cornbeef007 12-16-2023 02:15 AM


Originally Posted by Nick Bradshaw (Post 3737074)
I'm sure you guys saw the ALPA blast email last night. I told you Age 67 was going to be in the bill and that it was going to move before Christmas break. It's a done deal now. Write your Senators. I'm sure they'll stop and reconsider, lol. Checkmate.

Both of mine oppose it and are actively going to craft an amendment. This isn’t going to be as easy as the house was.

Planetrain 12-16-2023 09:27 AM

I saw we finally can see the interest credit to the MBCBP on Fidelity. I ran some numbers and the “allocation” numbers are right in line with 16% (mine are strangely $4 higher to my favor).

Forensically trying to back-decompound an annual interest rate I come up with 6-6.5%.

Anyone else have similar numbers?

CX500T 12-16-2023 10:47 AM


Originally Posted by Planetrain (Post 3737519)
I saw we finally can see the interest credit to the MBCBP on Fidelity. I ran some numbers and the “allocation” numbers are right in line with 16% (mine are strangely $4 higher to my favor).

Forensically trying to back-decompound an annual interest rate I come up with 6-6.5%.

Anyone else have similar numbers?

6.32% here. By my math they deposited about $7 too much.

Two months in, already at $12k.

Planetrain 12-16-2023 11:58 AM


Originally Posted by CX500T (Post 3737553)
6.32% here. By my math they deposited about $7 too much.

Two months in, already at $12k.

I wrote too quick, $4 per month for me over my estimate. And I guess it’s a little over 8% return counting the Alpa dues tailwind.

Big E 757 12-16-2023 12:12 PM


Originally Posted by konabear (Post 3737111)
Love this! I've got an idea. How about we start a new thread "Nick's Nuggets of Nowledge". A one-stop-shop of all things Nick. That way we don't have to hunt through all the other threads for the daily words of wisdom. Who's in?

That is F-ing funny!

hockeypilot44 12-17-2023 05:47 AM

Anyone else still not showing a balance? I looked at my last paycheck and I’m maxed out on the $66,000 in non-MBCBP contributions. By my math, I should have contributed $3,714 to this plan, but plan still gives me the message about manual handling or yet to accrue a balance.

It looks like 11/30 was the paycheck I should have first contributed to this plan so guessing it’s right for now. When does it start showing?

LeineLodge 12-17-2023 05:51 AM


Originally Posted by hockeypilot44 (Post 3737835)
Anyone else still not showing a balance? I looked at my last paycheck and I’m maxed out on the $66,000 in non-MBCBP contributions. By my math, I should have contributed $3,714 to this plan, but plan still gives me the message about manual handling or yet to accrue a balance.

When did you hit the $66k limit to trigger the spill? 12/15 check?

There is a lag. For example, spill cash from October (the first month of MBCBP) didn’t reflect in the account until mid-November. Seems to be about a month behind, and appears to only update once a month.

hockeypilot44 12-17-2023 06:38 AM


Originally Posted by LeineLodge (Post 3737836)
When did you hit the $66k limit to trigger the spill? 12/15 check?

There is a lag. For example, spill cash from October (the first month of MBCBP) didn’t reflect in the account until mid-November. Seems to be about a month behind, and appears to only update once a month.

11/30 was my first spillage.

DRaab 12-17-2023 08:21 AM


Originally Posted by hockeypilot44 (Post 3737875)
11/30 was my first spillage.

That and the 15 dec spillage will credit to the account end of Dec and show in fidelity by 15 Jan.

cornbeef007 12-17-2023 12:21 PM


Originally Posted by Planetrain (Post 3737519)
I saw we finally can see the interest credit to the MBCBP on Fidelity. I ran some numbers and the “allocation” numbers are right in line with 16% (mine are strangely $4 higher to my favor).

Forensically trying to back-decompound an annual interest rate I come up with 6-6.5%.

Anyone else have similar numbers?

Where exactly are you seeing anything regarding the balance of the account. I see a newly created account but has no balance. I’ve been putting money since the program started in October.

I thought this account should have been added to our existing portfolio. It wasn’t something that required its own login/username was it?

Whats the name of the account in your portfolio? Maybe the account I’m looking at has been there forever.

Thnx


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