The Road Less Traveled for Retirement Planning: Cash Balance Pensions

In this highly competitive employment market, structuring a compensation package that attracts and retains talent is vital to any organization’s success.

Employers offering a tax-efficient vehicle to manage employees’ current income while enhancing their long-term financial security can create massive interest from prospective employees and huge loyalty from existing ones. If the choice is a road with cash balance and a road without, most employees would choose the road with, but most employers simply do not offer that road.