Plan Design, Operations, Outsourcing
HR, Health Care, Post-Retirement
Economic Commentary, Investment Trends, Market Insights
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Six essential DB strategies
It also provided guidance about how to convert a traditional pension to a cash balance plan.
The act resolved age discrimination cases and provided guidance about plan conversions
Kravitz found a 19% year-over-year increase in new cash balance plans, compared to 2% for new 401(k)s.
Kravitz opens Atlanta office, and TIAA leader elected to NBOA board.
The DOL disagreed with Foot Locker’s argument that each participant must show he or she detrimentally relied on Foot Locker's misrepresentations in order to obtain equitable relief.
Cash balance plans are DB plans with DC-like characteristics
Cash balance plans carry investment risk that needs to be managed
James E. Turpin, with The Turpin Consulting Group, has one concern with the submitted document he’s seen.
The features of cash balance plans that make them easier to understand and make costs more predictable also create challenges for investing plan assets.