Cash Balance Plan for Small Business
When people think of retirement planning, they usually think first of a 401(k) plan or a SEP. These plans can be great options, but they … Read More
Cash Balance Plan Lifetime Limit: 5 Funding Tips [+ IRS Pitfalls]
Funding cash balance plans can be challenging. But how much do you know about the cash balance plan lifetime limit? If you’re a business owner … Read More
Who Is Eligible For A Cash Balance Plan?
Most businesses are eligible for a cash balance plan, which can be a cost-effective retirement benefit. While most employers have to pay their employees a … Read More
What is the Pay Formula Used in a Cash Balance Plan?
When setting up a cash balance plan, employers can use a number of different methods. The most popular is the New Comparability approach, which assigns … Read More
Cash Balance Plan Rollover: Know Your Options [IRA + 401k]
The cash balance plan rollover is one way to move funds from a pension to an Individual Retirement Account (IRA). This option allows participants to … Read More