Kravitz Unveils Cash Balance Info Hotline

May 27, 2008 ( - Kravitz, a plan consultant specializing in cash balance programs, has announced a nationwide toll-free cash balance hotline for plan service providers.

The cash balance hotline, 1-877-CB-Plans (1-877-227-5267), provides advice ondesign, implementation and management as well asassistance with other general questions, Kravitz said in a news release.

The phones will be staffed Monday through Friday from 8:30 a.m. to 5:30 p.m. Pacific Time.

“While knowledge of cash balance plans has definitely increased, many advisers, CPA’s and third-party administrators still have questions and need assistance,”said Dan Kravitz, president of Kravitz. “Our goal is that the Cash Balance Hotline facilitates bringing together all parties involved with these plans, to help them understand the opportunities cash balance plans present, and support them in selling and implementing the plans.”