Independent Actuaries Blog Category: Cash Balance
Good News for Small Employer Pension Plans?
Too often, pension plan legislation seems to be written with the large (several thousand participant) plan sponsor in mind, while paying little regard to the thousands of small plan sponsors. This can result in ridiculous administrative burdens placed on small … Continue reading
New Retirement Plan Limits for 2012
It’s hard to believe we’re in 2012 already! With the New Year, there are new retirement plan limits you should know about. Deferrals (401(k) salary deferrals) and catch-up deferral contributions are always limited on a calendar year basis. For 2012, … Continue reading
The Value of a Defined Benefit Pension Plan Rediscovered
One of the great financial scams of the last thirty years has been the replacement of traditional (Defined Benefit) pension plans with 401(k) plans. Somehow, the financial industry and a whole host of businesses have been able to convince their … Continue reading
How to Take Full Advantage of a Cash Balance Plan Interest Crediting Rate
It is not intuitively obvious to potential participants that a 4% interest crediting rate in a cash balance plan today is an attractive retirement planning option. Only after the cash balance plan is considered as part of an overall retirement … Continue reading
Cash Balance Plans in a Healthcare Reform Environment
Cash balance plans can be a great fit for successful, small- to mid-sized businesses in which some or all of the owners/partners would like to tax defer a lot more of their income than they can with their 401(k) plan … Continue reading
