Articles for: Cash Balance Plan
What is a cash balance plan?
A cash balance plan is a type of a defined benefit pension plan. It is commonly referred to as a hybrid plan since it is a defined benefit plan but [...]
Key words: 401k,Cash Balance Plan,Defined Contribution
What lessons can be learned from Cigna Corp. vs Amara’s U.S. Supreme Court Decision?
Cigna Corp. vs Amara was decided by the U.S. Supreme Court on May 16, 2011. Below is a brief background as well as a few lessons learned from this important [...]
Key words: Cash Balance Plan,Defined Benefit,ERISA,Pension
How can a small business owner use cash balance plans to increase retirement savings?
Cash balance plans are defined benefit plans (pensions) that appear to the participant as being account balance based. Participants receive an annual statement displaying the amounts in their account, along [...]
Key words: 401k,Cash Balance Plan,Pension