Understanding Cash Balance & Defined Benefit Plans w/ Karl Willman
Manage episode 284938188 series 2876266
Karl Willman helps us better understand what a cash balance & a defined benefit plan are. Karl has over 10 years of experience administering and designing defined benefit plans, specializing in cash balance plans. He uses his experience to walk us thru the basics of these plans.
Stick around to the end to learn the basics of cash balance plans and how you can potentially benefit from a cash balance or a defined benefit plan.
Arista Wealth Management
8876 Spanish Ridge Ave.
Suite 202
Las Vegas, NV 89148
Phone: (877) 309-9970
Email: support@aristawealth.com
Website: https://aristawealth.com/
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Chapters
1. Understanding Cash Balance & Defined Benefit Plans w/ Karl Willman (00:00:00)
2. Introduction (00:00:19)
3. Basics of a Cash Balance Plan (00:01:15)
4. What is the difference between a Cash Balance & Defined Benefit Plan? (00:04:45)
5. What companies are participating in Cash Balance Plans? (00:08:18)
6. How does the money get invested inside a Cash Balance Plan? (00:09:43)
7. How does a Cash Balance Plan benefit the owner of a comapny? (00:12:29)
8. Closing (00:14:27)
63 episodes