While most professionals know about 401(k) plans and IRAs, few know about the power of a cash balance plan in connection with a 401(k) or profit-sharing plan. This type of defined benefit plan can help small business owners defer an enormous amount of income into the future. 

This course will look at the tax planning opportunities that small business owners have when planning for retirement. We will also identify the ideal candidate for a cash balance plan and what funding strategies might make sense, in addition to some of the rules governing their administration. 

While this type of pension plan is not for everyone, the opportunity to defer substantial amounts of income into lower tax years can help owners become tax efficient and save for some of their employees’ retirement at the same time. 

Learning Objectives: 

• Identify different retirement planning strategies for individuals and small businesses owners 


• Recognize the differences between defined contribution plans and defined benefit plans


• Determine the opportunities of cash balance plans in connection with other qualified retirement plans 


• Evaluate whether someone is an ideal candidate for a cash balance plan or not