February 2026 | Independent Financial Services

Q: What is a cash balance plan, and why is it beneficial for high-income business owners?

by Independent Financial Services | Feb 10, 2026 | Ask a Finance Nerd

A: A cash balance plan is a type of defined benefit retirement plan that allows business owners to make significantly higher tax-deferred contributions than traditional retirement accounts like IRAs or 401(k)s. It’s especially useful for high-income earners who may...

Q: What is a cash balance plan, and why is it beneficial for high-income business owners?

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