austin3515 Posted October 25, 2023 Posted October 25, 2023 I used to have a great chart of what the maximum allocation was in a cash balance plan. Rows were ages, and columns were different income levels. But the company who did that stopped doing it. Anyone know of a good website? I would figure there would be someone out there who would even have a little calculator (enter age, comp, etc and it spits out a funding range, etc). Anyway, that chart was so handy becaue you could give clients on a call a quick idea of the numbers being discussed without having to go to the actuary. Obviously you follow up with the actuary for the real numbers but again the chart was just really handy. Austin Powers, CPA, QPA, ERPA
Bri Posted October 26, 2023 Posted October 26, 2023 EBG.com does something like that, with a separate table when using the year's AMT versus GAR94 as the mortality table. Not sure how it reconciled to the funding requirements FOR such a contribution, though.
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