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View More ASPPA [American Society of Pension Professionals & Actuaries] Webcasts and Conferences

Defined Benefit Plans for Account Balance Minds

ASPPA [American Society of Pension Professionals & Actuaries]

Jan. 16, 2019
Recorded Online

Two words often strike fear into the minds of 401(k) plan administrators: defined benefit.

First, you know more than you realize about these thought-to-be-antiquated gentle giants. Second, we will explain a few essential concepts to help you get comfy with the unknown. Third, their nimble cousin, cash balance, continues to grow in popularity and plays very well with your 401(k) plan.

Join us for a fun, fast discussion on key concepts, similarities, differences, and questions.

Key Takeaways:

  • Engage your knowledge of qualified plans to bridge defined contribution plan knowledge to defined benefit plans
  • Identify defined benefit specific concepts, characteristics, and terminology for key triggers
  • Explore how cash balance plans work with profit-sharing plans to enhance benefits to owners and frankly, all participants
  • Address frequently asked questions and answer in terms that plan sponsors comprehend

Speaker: JJ McKinney, CPC, QPA, QKA, ERPA, Vice President, Retirement Strategies, Inc.

Continue by clicking on the following link:

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