What Is a Cash Balance Plan? A cash balance plan resembles a defined-benefit pension plan where an employee is guaranteed a certain sum of money upon retirement. This sum is a combination of employer ...

Cash balance pensions have seen significant growth over the past two decades, with their numbers increasing 15-fold and now accounting for nearly 50% of all defined benefit plans. Unlike traditional ...

Tax planning is a great way to help increase your take-home pay as a small business owner. Setting up a Cash Balance Plan could save a business owner $100,000 or more in yearly taxes. These tax ...

In today's ever-changing world of retirement planning, cash balance pension plans have become a popular choice for business owners and high-earning professionals. These plans are a fantastic way to ...

Nearly every business owner I meet (and I’ve met a lot of them) complains about the taxes they owe. What surprises me is how few of these successful business owners are getting even basic tax-planning ...

There may be renewed interest from companies in starting defined benefit plans and even opening up frozen plans that are not accepting new participants, according to ...

High-current-income business owners can’t afford to sit still with the IRS loading up its audit and IT staff to drive federal tax revenue. Cash benefits plans can help lower tax burdens and build a ...

NEW YORK -- Far from ending a fractious debate over whether cash-balance pensions treat older workers unfairly, a new court ruling against IBM already is stoking controversy. The result might be ...

There's one area where the traditional pension plan is getting new life: as a tax dodge for wealthy business owners. Pension plans, also known as defined-benefit plans, can be used by doctors, law ...

LEBANON, N.J.--(BUSINESS WIRE)-- Steidle Pension Solutions, LLC (“SPS”), a Third Party Administration firm dedicated to cost effective retirement Plan administration, has announced its 2019 Cash ...

In Amara v. CIGNA Corp., an appellate court has once again agreed that a change in plan terms is an appropriate remedy for plan misrepresentations. The 2nd U.S. Circuit Court of Appeals has agreed ...

Kristina Byas is contributor at Investopedia. As a personal finance expert, she has lent her insights and knowledge to numerous financial publications. Her articles have helped readers navigate the ...