Alert
All Defined Benefit Plans are NOT Created Equal
October 26, 2017
Frustrated by the limitations of cash balance plans? Worried about the risks associated with cash balance plans?
Consider a Direct Recognition Variable Investment Plan (DR-VIP) from Cherry Bekaert Benefits Consulting and reap the benefits.
| Plan Features | DR-VIP | Cash Balance Plans |
| Maximum Contribution Per Person |
$300,000 +/- | $300,000 +/- |
| Tax Deductible Contributions |  |
|
| Tax Deferred Accumulations | |
|
| Contribution Certainty | |
 |
| Optional Auto-Adjust Contributions | |
|
| No Underfunding Liability | |
|
| No Overfunding | |
|
| Direct Recognition | |
|
| No Crediting Limitations | |
|
| Daily Valuation | |
|
| Fully Automated | |
|
Would you like to:
- Maximize partner benefits?
- Minimize additional staff costs?
- Eliminate underfunding risk?
- Maximize investment flexibility?
See how it works by viewing this short case study.
For more information on how you can benefit from a DR-VIP, please contact Kyle Frigon at 404.733.3256 or kfrigon@cherrybekaertbenefits.com.