For the right client, these plans can build substantial retirement wealth quickly while offering tax advantages.
Cash balance plans have plenty of benefits for small-business owners. For starters, they can supercharge retirement savings ...
For high earners racing to close a retirement gap, traditional 401(k) limits can feel like a ceiling on their future ...
An analysis from October Three also finds certain industries are more drawn to the plan design that is viewed as less risky than traditional DB plans. There were 10,609 cash balance plans covering ...
Tax planning is a great way to help increase your take-home pay as a small business owner. Setting up a Cash Balance Plan could save a business owner $100,000 or more in yearly taxes. These tax ...
Large deductions and accelerated savings. This may sound like a pipe dream, but for business owners, a cash balance plan has the potential to provide both. A cash balance plan is a type of defined ...
If you’re seeking a new niche to expand your plan consulting business, the growing market for cash balance plans (CBP) is worth considering. According to the 2016 National Cash Balance Research Report ...
A cash balance plan is a defined benefit plan that calculates benefits and contributions in a manner similar to the way that defined contribution plans make those calculations. The similarity ends in ...
Cash balance plans continue to gain acceptance. Per the 2016 National Cash Balance Research Report from Los Angeles-headquartered retirement consultants Kravitz Inc., these plans now account for 29 ...
There may be renewed interest from companies in starting defined benefit plans and even opening up frozen plans that are not accepting new participants, according to ...
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Ariana Aspuru: Here's Your Money Briefing for Tuesday, March 11th. I'm Ariana ...
Kristina Byas is contributor at Investopedia. As a personal finance expert, she has lent her insights and knowledge to numerous financial publications. Her articles have helped readers navigate the ...