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What Is A Cash Balance Plan? The Ultimate Retirement Strategy

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so today we're gonna talk about what a

cash balance plan actually is cash

balance plans are used for business

owners in a variety of situations but

primarily it's for a business owner that

wants to make a large contribution into

a plan

most everybody have heard of IRAs

obviously you can only put a small

amount fifty five hundred into an IRA

401ks you can do eighteen five plus a

profit-sharing so again nice amounts

that you can put in but for business

owners that want to put a hundred

thousand dollars or whatnot into a plan

it's just not going to work for you with

an IRA or a solo 401k so a cash balance

plan is going to be usually the number

one option for that type of person but

to take a step back what we would


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