Jun 24, 2013 | Cash Balance Plans, defined benefit plans
As a financial advisor to owners of independent companies, you’ve heard about cash balance plans. Although the number of these plans has increased sharply in recent years, many business owners and their advisors know relatively little about them. So let’s review the...
Feb 16, 2013 | Cash Balance Plans, defined benefit plans
The Moving Ahead for Progress in the 21st Century (MAP-21) Act allows sponsors of defined benefit pension plans to decrease required contributions over the next several years. The new law changes the interest rate used for funding to be based upon rates over a 25...
