Tag Archives: Cash Balance

Promises, Promises! – Owner-Only Cash Balance

Promises, Promises! Traditional DB Plans promise Accrued Benefits. Cash Balance Plans promise lump-sum amounts. Which promise is easily understood by both owners and employees? There is no Non-discrimination testing for owner only plans. No Cross-testing either. Like the traditional DB, Cash Balance has the flexibility of funding within a range of minimum and maximum calculated […]

Continue reading

Owner Only Cash Balance Plans

Have you ever considered Owner Only Cash Balance plans? Check out this example wherein the owner is making more than the 2013 maximum compensation limit of $255,000 and is 48 years old. Based on the calculated 415 maximum lump sum, he can make an annual contribution of $125,824. Using the Smart Projection in the RPC […]

Continue reading

Smart Projection for the RPC Cash Balance

This Spring our team at EBG Systems has worked hard to bring you a brand new report that will help you analyze the principal’s account balance as it grows to retirement. We’re calling it the Smart Projection. What is the Smart Projection? Offering more than just a projection, you’ll be able to see what any […]

Continue reading
Introducing the RPC Mobile

Introducing the RPC Mobile

EBG Systems is proud to introduce our first mobile access with the RPC Mobile. Simply scan the QR Code below, or visit http://www.therpc.com/mobile on your device. Once you’ve bookmarked the mobile site or added it to your Home Screen, enjoy the following features: Maximum Cash Balance Calculator Calculate first-year contribution amounts for your clients and […]

Continue reading

What is a Cash Balance Plan?

A Cash Balance Plan is a Defined Benefit Plan that looks like a Money Purchase Plan. Like a Money Purchase Plan, fixed contributions are credited to each participant at the end of each year. In addition, participants receive interest credits based on the interest rate defined in the plan. The credit is a fixed rate […]

Continue reading

Who are Good Candidates for Cash Balance Plans?

Cash balance plans are surging in popularity. According to a recent survey, the number of cash balance plans has nearly quadrupled since 2001. Cash balance plans offer a number of advantages that other retirement vehicles don’t. Depending on the firm, annual tax deductions of $100,000 to $200,000 per owner are possible. Owners can also put […]

Continue reading