Cash Balance Plans 101
Date: May 14, 2025
Time: 2:00 pm - 3:00 pm EST
Cash balance retirement plans have been around since the 1980s but didn’t gain traction until 2006, when some regulatory questions surrounding them were resolved. They are generally understood to be extremely advantageous to a very specific portion of investors, but their relative structural complexity (compared to 401(k)s and IRAs), regulatory concerns, tax implications and the challenge of educating less sophisticated clients leave many advisors feeling intimidated by them. And unfortunately, those who understand cash balance plans the best often approach them from an advanced or overly technical viewpoint which tends to create still more confusion. As a result, many who would be perfect candidates for cash balance plans are never given the opportunity to consider them as an option.
By the end of the session, attendees will be able to…
- Feel comfortable navigating this poorly understood and often intimidating retirement plan option.
- Know how cash balance plans are alike and unlike other retirement plans.
- Recognize their advantages and disadvantages.
- Know who are the ideal investor types for cash balance plans.
- Recognize when combining a cash balance plan with a 401(k) may be beneficial.
- Present CB plans to the appropriate clients and know how to resolve basic client concerns.
This live webinar is approved for one (1) hour of Continuing Education (CE) credit for Fi360, CFP Board, and IWI Designations.
