Originally Posted by
RockyBoy
https://www.cashbalancedesign.com/resources/cash-balance-101/
Tax free just like a 401K. Max contribution amounts vary by age so that the Defined lump sum benefit cannot exceed 2.6 Million.
Great reference; thanks. Kravitz’s biased but hopefully accurate pitch shows a potential HUGE increase in tax-deferred annual contributions with the MCB plan.
What’s the downside here from a retirement standpoint?
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