What is a cash balance plan 2024?
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Studied at the University of Johannesburg, Lives in Johannesburg, South Africa.
A cash balance pension plan is a pension plan under which an employer credits a participant's account with a set percentage of his or her yearly compensation plus interest charges. A cash balance pension plan is a defined-benefit plan.
2023-05-17 10:01:11
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A cash balance pension plan is a pension plan under which an employer credits a participant's account with a set percentage of his or her yearly compensation plus interest charges. A cash balance pension plan is a defined-benefit plan.