What Is a Cash Balance Plan? A cash balance plan resembles a defined-benefit pension plan where an employee is guaranteed a certain sum of money upon retirement. This sum is a combination of employer ...

Cash balance plans have become increasingly popular in recent years. Findings from FuturePlan by Ascensus suggest these plans are the fastest-growing sector of the retirement plan market, with more ...

Companies with fewer than 10 employees own more than half of all cash balance plans, a group of retirement plans outpacing 401(k)s in growth. FuturePlan by Ascensus, a national third-party ...

Investing for retirement can be problematic for professionals in partnerships or other types of closely held firms. Yes, that includes lawyers in law firms. These individuals tend to spend their early ...

If you’re saving for retirement through a 401(k), two simple plan features could mean the difference between an average balance and one that’s $50,000 higher. Find Out: Dave Ramsey: The Biggest 401(k) ...

Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. Oliver Rossi / Getty Images The average 401(k) balance for ...

Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...

The average 401(k) balance is now $107,430, according to new Bank of America data. But 401(k) participants in plans that use auto-enroll and auto-increase features have an average account balance of ...