What is a cash balance plan?

Cash Balance Plans offer an innovative solution for business owners and high-earning professionals who find traditional retirement savings options like 401(k)s limiting.

These plans blend the high contribution limits of Defined Benefit (DB) plans with the flexibility of Defined Contribution (DC) plans, making them a powerful tool for accelerating retirement savings.

Notable benefits include:

• Significant tax advantages
• The potential for higher retirement savings as contribution limits increase with age
• And the plan's attractiveness in retaining top talent.

Have questions if this is the right plan for you? We can help you determine whether a Cash Balance Plan aligns with your long-term financial objectives and complements your overall retirement strategy. Get in touch with our team today.