A defined benefit plan characterized by an annual contribution made by the employer for each enrolled employee. Once deposited, funds accrue interest.
Related information about cash-balance plan:
- Cash balance plan - Wikipedia, the free encyclopedia
A cash balance plan is a defined benefit retirement plan that maintains hypothetical individual employee accounts like a defined contribution plan.
- Frequently Asked Questions about Cash Balance Pension Plans
A cash balance plan is a defined benefit plan that defines the benefit in terms that are more characteristic of a defined contribution plan. In other words, a cash ...
- Pensions: Cash-balance plans - Ultimate Guide to Retirement
A cash-balance plan is a defined benefit plan that is a whole lot like a traditional pension, but with a few elements that closely resemble a 401(k).
- Cash Balance Pension Plan Definition | Investopedia
Although the cash balance pension plan is a defined-benefit plan, unlike the regular defined-benefit plan, the cash balance plan is maintained on an individual ...
- Cash-Balance Pension Plans: A Wolf in Sheep's Clothing?
May 3, 2012 ... Opponents of the cash-balance plan include taxpayer groups who still ... Those who want guarantees would elect the cash-balance plan and ...
- Questions and Answers on Cash Balance Pension Plans
Sep 17, 2003 ... A cash balance plan is a type of defined benefit plan. Like all defined benefit plans, cash balance plans guarantee a benefit amount to covered ...
- Kentucky reform recommendations include cash balance plan for ...
Nov 21, 2012 ... A new cash balance plan for new state hires in Kentucky is among the reform recommendations for Kentucky Retirement Systems, issued ...
- Determinations – Cash Balance Plan Design Issues
Aug 3, 2012 ... Determinations – Cash Balance Plan Design Issues. Announcement 2009-82. Announces relief for sponsors of statutory hybrid plans that must ...