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
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
Cash Balance Plan Investment Options: 5 ‘Pitfalls’ to Avoid
In the United States, a cash balance plan allows you to invest up to $100,000 pre-tax. However, there are limitations. You cannot choose between a … 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