The benefits of cash balance pension plans are plenty, but let’s take a closer look at who they’re designed to help and why they may appeal to you and your business.

A Cash Balance Plan is a defined benefit plan that is similar to a defined contribution plan. Participant accounts under a cash balance plan are credited with a set percentage of yearly compensation plus interest charges. This set percentage may vary by participant allowing the employer to slant larger contribution amounts to themselves while providing less costly benefits to employees.

Is a Cash Balance Plan right for my company?

Do you operate a family-owned business? A law firm? Maybe you own a medical or dental practice? If you nodded your head at any of these scenarios, you’re in good hands pursuing a cash balance pension plan through us at Dunbar, Bender, and Zapf.

Let’s delve a little deeper. Ask yourself. Are you:

  • Operating with a consistent cash flow?
  • Positioned to save now?
  • Looking for a more substantial tax-deferred option?

If your answers to the above questions were yes, you’re in the enviable position to leverage the perks of cash balance pension plans. Here’s how.

How you might benefit from Cash Balance Plan:

  • Optimize your tax deferral
  • Protect yourself and your business
  • Plan for succession…set up yourself and your partners to be financially secure at retirement

Need more information?

We’re happy to answer all of your questions. At Dunbar, Bender & Zapf, Inc., we’ve been successfully helping business owners design, implement and administer retirement plans that are perfect for their employees and retirement goals. Through comprehensive training and continuing education, our actuarial team is fully equipped to handle all of the design and administrative needs for your Cash Balance Plan. We’re dedicated to helping you meet your long-term goals today.