Cash Balance Plans – retirement plan on steroids


I’m having a lot of client dialogue on Cash Balance Plans (CBPs).  A CBP is the third sleeve of a Retirement Plan – following the standard 401k and Profit Sharing sleeves of traditional plans.  The contribution limits are substantial allowing participants the ability to contribute significant $s pretax and to grow those contributions tax deferred.

The plan is particularly attractive to organizations that are top heavy with highly-compensated employees or partners, but can also be relevant for sole proprietors.  Contact me if you would like to learn more.



Updated: Mar 19, 2023

About the author
Paul Schmid of ArentFox Schiff LLP is a member of XPX Greater Boston

You need someone with a wealth of experience in your advisory circle as a small business owner. I have 25 years of Financial Services experience. Through the platform at UBS, I have access to a boutique investment banking network to aid in a sale.