Industry Insights

While both Cash Balance and Non-Qualified plans are great tools for maximizing benefits to owners and key employees, there are significant differences between the two.

We are thrilled to announce and recognize our employees who have made significant contributions to the company.

A Cash Balance Plan is a type of IRS-qualified retirement plan that operates under the rules of a defined benefit plan but gives the appearance of operating more like a 401(k) plan.

With the SECURE Act legislation, the NEW Cash Balance Start-Up Deadline for a 2020 tax deductible plan is July 31st, 2021 when you request a tax-filing extension.

With the SECURE Act legislation, the NEW Cash Balance Start-Up Deadline for a 2020 tax deductible plan is July 31st, 2021 when you request a tax-filing extension.