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Cash Balance Plans
Posted on 1/3/19 at 2:45 pm
Posted on 1/3/19 at 2:45 pm
Any of you baws make enough money to have one of these?
Posted on 1/3/19 at 5:53 pm to LSUTigKyl
I've got one. It was a converted pension as the company (like many others) sought to eliminate pension liability. Guaranteed return of at least 5% and receives quarterly (or maybe semi-annual) "benefit credit" contributions from my company. It's pennies on the dollars of what I would have received with the pension, but there's nothing I can do about it but say "thank you".
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