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  • Cash-Balance Plans and Age-Weighted Profit-Sharing Plans Basic
    into a benefit. He must use one of the standard mortality tables given in the 401 (a)(4) regulations and ... get there by alternative means. What happens? Table 1 shows that Alex Attorney gets a $30,000 deposit ...

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    • Authors: David Benovitz, Richard Joss, Juan N Kelly, Maria Sarli, Lloyd A Katz
    • Date: Apr 1992
    • Competency: External Forces & Industry Knowledge; Results-Oriented Solutions
    • Publication Name: Record of the Society of Actuaries
    • Topics: Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Defined contribution and 401k plans; Pensions & Retirement>Hybrid plans
  • The Effective Consultant: Those [Plan] Designs, They Are A' Changing
    term "hybrid plan" was used was in the early 1980's, when Bank of America introduced the cash balance ... provide for the right to get an actuarial equivalent annuity. Cash balance plans provide many of the advantages ...

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    • Authors: Silvio Ingui, Jeffery A Lanzet
    • Date: Jun 1998
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Pensions & Retirement>Hybrid plans