stbennet Posted October 21, 2011 Posted October 21, 2011 As far as the requirement for participant statements goes for Cash Balance Plans, would the hypothetical account balance and vested hypothetical account balance be sufficient? Or are people using the Monthly Accrued Benefit and Vested Accrued Benefit? Easiest solution is to use both, I suppose, but these things are cluttered enough as is. Thanks.
Effen Posted October 21, 2011 Posted October 21, 2011 We are just showing cash balance account and vested cash balance account. No monthly accrued benefits. The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.
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