Skip to content

Free trial + free transfer from old software. Get started!

Definition

Cash Balance Plan

A defined benefit plan that expresses each participant's benefit as a hypothetical account balance.

A Cash Balance plan is a type of defined benefit pension plan. Each participant's benefit is shown as a hypothetical account that grows with pay credits and interest credits, while the employer carries the funding obligation determined by an actuary.

See it with your own plans

Book a walkthrough of Equaplan

We'll walk through a valuation from census to Schedule SB, and talk about how your firm works today.

What the demo covers

  1. 1A live walkthrough from census to Schedule SB
  2. 2A look at templates, calculators, and team roles
  3. 3Time for your questions about setup