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
Contributions
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 Maximum Benefit: The #1 Strategy
When it comes to determining your cash balance plan maximum benefit, the amount of money you contribute should be based on your account balance. For … Read More
Cash Balance Plan vs 401k: Tips When Combining
The main difference between a Cash Balance plan and a 401k is the amount of contributions an employee can make. Generally, an employee can contribute … Read More
Cash Balance Plan For Sole Proprietors: How to ‘Legally’ Structure
A cash balance plan for sole proprietors can help you put money aside for retirement. This type of pension plan falls under the rules of … Read More