MBCBP
12-08-2023 | 08:13 AM
#41
Line Holder
Joined: Oct 2014
Posts: 1,016
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I know you are just constantly trolling, but for those that actually care about facts that’s not what happened. Early on they were going to use the blackrock fund because it was the cheapest way to get the target investments required. There was significant feedback on the use of blackrock, end they were able to find a solution that mirrored the investment allocation without giving Blackrock any money.
12-08-2023 | 08:25 AM
#42
Banned
Joined: Aug 2020
Posts: 671
Likes: 11
I know you are just constantly trolling, but for those that actually care about facts that’s not what happened. Early on they were going to use the blackrock fund because it was the cheapest way to get the target investments required. There was significant feedback on the use of blackrock, end they were able to find a solution that mirrored the investment allocation without giving Blackrock any money.
12-08-2023 | 09:39 AM
#43
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Joined: Jan 2020
Posts: 609
Likes: 120
12-08-2023 | 12:15 PM
#45
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Joined: Sep 2016
Posts: 8,831
Likes: 499
love that you’re posting that we abandoned the 4th pillar in a thread about a new tax deferred option available to pilots
12-08-2023 | 12:57 PM
#46
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Joined: Aug 2020
Posts: 671
Likes: 11
I put these two quotes together so that maybe you'll understand. The 4th pillar was min balance for those of us who got our pensions stolen, not a 2% DC boost for junior who has lots of time to save.
12-08-2023 | 01:00 PM
#47
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Joined: Sep 2016
Posts: 8,831
Likes: 499
I thought the 4th pillar was “retirement improvements,” not any specific policy
12-08-2023 | 01:04 PM
#48
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Joined: Aug 2020
Posts: 671
Likes: 11
Doesn't matter what we were promised. But I guess thats water under the bridge now. We'll just take it through Congressional action.
12-08-2023 | 01:12 PM
#49
Gets Weekends Off
Joined: Apr 2007
Posts: 5,632
Likes: 654
MBCBP is a tax deferred retirement account that provides the most benefit to those within 5 years of retirement. The once in a career opt in/out is a steep price to pay for anyone with lots of time to save. Junior either locks up money longer than desirable or misses out on the late career benefits.
12-08-2023 | 01:15 PM
#50
Line Holder
Joined: Feb 2018
Posts: 619
Likes: 160
One that benefits the entire group. Which benefiting the entire group is one of the arguments made about age 67. Which it doesn’t.
However, he also stated he wanted min balance which, again, primarily benefits him.
Also, the Delta bankruptcy would be old enough to vote in an election.
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