Discuss differences between flat amount, flat percentage, and unit credit benefit formulas
How does a pension plan differ from a 401(k) plan? As an employee, would you rather have a pension plan or a 401(k) plan?
August 18, 2019What options do patients with preexisting health conditions have in regards to wellness initiative compliance?
August 18, 2019Discuss differences between flat amount, flat percentage, and unit credit benefit formulas
Question Description
Topic 1: Looking into the Different Formulas used for Defined Benefit Plans
Discuss differences between flat amount, flat percentage, and unit credit benefit formulas
Topic 2: Assessing How Cash Balance Plans are Hybrid Defined Benefit and Defined Contribution Plans.
Discuss advantages and disadvantages to using a cash balance pension plan for both the employer and employee.
Topic 3: Discuss Life Insurance in a Qualified Plan
Discuss implications of using life insurance to fund a qualified plan relative to the incidental death benefit test.
