The Pension Pulse
Our team of experts stay on top of all the latest regulatory and legislative changes as well as industry trends. Pension Pulse is written by our team to distill these complex topics down to what you need to know without the extra jargon and noise. It’s our way to keep you well informed.
Give the articles a read and let us know if you have questions about how the information may apply to your situation.
Understanding Eligibility, Coverage, and Participation in Cash Balance Plans
Cash balance plans are a powerful retirement savings tool, but they come with specific rules about who can participate and how benefits are distributed. Employers have flexibility in determining eligibility for both 401k and cash balance plans, but they must comply with legal standards to ensure fairness and compliance.
Planning Ahead Amid Market Volatility – Considerations for Defined Benefit and Cash Balance Plan Sponsors
Defined benefit and cash balance plans generally provide annual benefit accruals based on a formula outlined in the Plan Document. In plain terms, this means that the benefits owed to plan participants increase each year. To fund these increasing benefits, contributions are made by the sponsoring company, supplemented by investment returns from plan assets.
Investing Cash Balance Plan Assets
Cash balance plans are becoming increasingly popular for higher income small-to-medium sized business owners. We recently published…
Mega Backdoor Roth: Part 2
In part one, we described a mega backdoor Roth. In this second entry, we dive deeper into why we typically recommend it for only Solo 401(k)s or husband/wife plans.
Mega Backdoor Roth: Part 1
One of the most frequently asked questions we receive is whether we can create a “mega backdoor Roth” inside a client’s 401(k) plan. But first: what IS a mega backdoor Roth?
Cash Balance Plan Primer
Cash Balance plans have grown in popularity in recent years, with more than 22,000 plans covering 9 million participants. Their growth is for good reason; business owners can contribute tax-deductible amounts significantly in excess of 401(k) Profit Sharing limits and they provide…
Sign up now to receive the Pension Pulse!
