How Is The Cash Balance Plan Formula Calculated?
Unlike other types of pensions, the cash balance plan does not require employers to match their employees’ contributions. Participants may remain under the old formula, … Read More
Administration
Cash Balance Plan Withdrawal: Rollover Strategies [IRAs & 401ks]
If you are approaching retirement, your employer probably has a cash balance plan. If your company is a large one, it will likely contribute the … Read More
Self-Employed Cash Balance Plan: #1 Structure [+ Pitfalls to Avoid]
A cash balance plan for self-employed individuals is a good option if you’re looking to maximize the amount of money you can save. These plans … Read More
5 ‘Pitfalls’ to Avoid When Hiring a Cash Balance Plan TPA
A TPA that manages cash balance plans can be helpful to your business. This type of retirement plan allows companies to combine employee contributions and … Read More
Cash Balance Plan Rollover: 5 IRS Strategies [+ Pitfalls to Avoid]
If you are thinking about rolling over your cash balance plan to an IRA, you should be aware of the tax consequences. In this post, … Read More