342: Cash Balance Plan vs 401(k), How the Deduction Works for Business Owners

If you own a profitable business, your retirement plan often targets employees, not owners. In Part 2 of our series, Rohit Punyani, co-founder and Chief Solutions Officer of The Owner’s Asset, sits with Jayson Lowe. They explain how a cash balance plan vs 401(k) works and why it behaves differently. Missed the start of the series? Watch Part 1 here. Start with what you already know Rohit teaches cash balance plan vs 401(k) by comparing them to the 401(k). But he’s upfront that this is a teaching shortcut, not a full compliance picture. Additionally, the contribution is recorded as a deduction. […]