How a cash balance plan works explained simply
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YouTubeJon Owens, CFP®
How a cash balance plan works explained simply
https://www.bpgnetwork.com // A cash balance plan is a retirement plan that merges elements of traditional pensions and modern savings accounts. Each year, an employer credits an employee’s account with a pay credit based on salary and an interest credit that allows the balance to grow steadily over time. The plan gives participants a clear ...
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