A cash balance pension plan is a type of defined-benefit plan under which an employer credits a participant’s account with a set percentage of yearly compensation plus interest charges.

Key Benefits:

  • Maintained on an individual account basis
  • Generous contributions limits that increase with age
  • Can be used in association with a 401(k) plan
  • Can be taken as a lump sum or rolled to an IRA

Ready to learn more?
Call 864-288-2849 or submit a contact form to get started.

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