The number of new cash balance plans adopted by employers increased 15% in 2016 (the most recent year that full 5500 data is available), compared to a 1% growth in 401(k) plans. Why have cash balance plans experienced so much growth? Several factors contributed to the...
Long Awaited but Never Forgotten… New Mortality Rates Apply in 2018
The IRS has posted final regulations requiring new mortality rates for single-employer defined benefit plans to apply in 2018.
Cash Balance Plans Are On The Rise
Several factors have contributed to the popularity of cash balance plans and findings show an increasing diversity in the companies adopting them.
The Current Trend of Pension De-Risking
Pension plan “de-risking” has recently become a hot discussion topic for pension plan sponsors. De-risking involves employing strategies to make the plan less sensitive to factors that affect required pension funding levels, such as market swings and life expectancy...