Listen "Understanding Cash Balance Plans"
Episode Synopsis
Cash Balance plans are a way to save more for retirement, reduce your taxes, and accelerate your savings during your high income earning years. They have more flexibility than a traditional pension plan, but allow for similarly high contributions year over year and are usually paired with existing 401(k)/profit sharing plan. In this episode, ACap's Matt Crisafulli is joined by Kevin Palm of Kravitz, Inc., An Ascensus Company to discuss the basics behind Cash Balance Plans.What You Will Learn:- Is your business the right type of business for a Cash Balance plan- How a cash balance plan differs from other retirement savings vehicles- How much you might be able to save if they open such a plan- How a Cash Balance plan can reduce your tax burdenSchedule a Consultation:https://www.acapam.com/contact/Financial Advisor in Los Angeles, CACPA in Los Angeles, CA12031 Ventura Blvd., Suite 1Studio City, California 91604(818) [email protected] ACap's Financial Quick Tips
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