A cash-balance plan is a defined benefit plan that is a whole lot like a traditional pension, but with a few elements that closely resemble a 401(k). Here's what's the same: You don't invest any ...
A cash-balance plan is great if you're young and plan on job-hopping. But if you work for one company for a very long time - good luck pulling that off these days! - the total amount you'll get ...
Small business owners can play catch up for retirement and dramatically reduce their tax liability with a stacked approach to Cash Balance Pensions on top of a Profit Sharing 401(k) plan.
In addition, cash balance retirement plans are growing in popularity and are the fastest growing sector of the retirement ...
If a farmer would like to deduct more than that, then a cash balance plan may make sense. This type of plan allows a farmer to deduct a much larger amount perhaps $200,000 or more. However ...
As traditional pension plans have largely disappeared over the years, many Baby Boomers heading into retirement today will by ...
A court ordered Colgate-Palmolive to recalculate benefits paid to certain retirees from its cash balance plan but stayed the relief to allow time for an appeal.
This is where a cash balance pension plan comes into the picture, because they have contribution limits that can top $200,000 annually, depending on your salary and age. The goal of a defined ...
Southwest Airline pilots have improved retirement benefits: a cash balance pension plan. Last year, Southwest Airlines pilots approved a new contract under which pilots earned a substantial pay ...
IBM replacing its 401(k) match with a cash balance component in its previously frozen defined benefit plan may encourage other plan sponsors to follow suit. IBM revealed to employees details of a ...