Tag: Cash Balance

Cash balance plans grew by 1,025% over two decades, according to an Ascensus report.

October Three makes the case that this kind of defined benefit plan is a ‘gold standard’ solution.

IBM’s move away from the 401(k) match leads industry experts to evaluate the shortcomings of defined contribution plans in providing...

Experts with cash balance plan design and administration provider Kravitz define the concept of strategic plan termination—what the pros and...

Small business continues driving cash balance growth, with 92% of cash balance plans in place at firms with fewer than...

As part of its expansion efforts, Ascensus has named a new president and pledged to continue its rapid pace of...

An employer that sponsors a cash balance retirement plan will consult with the plan’s adviser to select one of three...

A memo offers examples and would be a helpful guide for cash balance plan sponsors to assess whether their plan...

Six essential DB strategies

It also provided guidance about how to convert a traditional pension to a cash balance plan.

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...

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...

A court found purposeful miscommunications led participants to expect a different benefit than they were accruing.

The agency is hosting a free webcast in which the determination letter program and new pre-approved plan document programs will...

They now comprise 28% of all defined benefit plans.

The appellate court found that Bank of America’s closing agreement with the IRS did not make the case moot.

Cash balance plans and ESOPs can now be submitted for an approval letter from the IRS.