Why it matters Amid financial uncertainty, the average savings rate has dipped about 3% in the past two years. 1 People are also saving less due to price increases 2 and fewer...
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… or replacing the DB plan with a defined contribution (DC) plan or transferring risk to an insurer or participants. For those considering a cash balance (CB) plan Combining features of DB … 2530.203-3 of the Code of Federal Regulations. Before adopting any plan sponsors should carefully consider all of the benefits, risks, and costs associated with a plan. Information …