Cash balance plans are increasingly popular among employers. If you’re offered one, here’s what you need to know.
Cash balance plans are increasingly popular. Congratulations, if you are offered one. Here are three reasons to give it a little love.
If your employer offers you a cash balance retirement savings plan, snap it up. It can provide valuable retirement planning stability as well as portability. Cash balance retirement plans are a hybrid mix of old-fashioned pension plans and 401(k)s. Kevin Wagner, senior retirement specialist in the Atlanta office of consultancy Towers Watson, says most companies
Here is some high-end retirement planning advice — for people who are going to pay through the nose when the government gets done with tax reform. Cash-balance retirement plans aren’t for everyone, but if you own a small business or are a self-employed, high-earning professional, a cash-balance plan will let you put aside the most