TBC Information Network

Teal, Becker & Chiaramonte offering valuable insights, impressions and commentary on today's financial and business world.

Combined DB/DC Plans

Designing  a combined plan properly takes years of experience, and TBC has that covered. These type of customized plans utilize the defined contribution plan in conjunction with a defined benefit or cash balance plan. This combination can be a powerful tool to further increase contributions and deductions and must be designed properly to work effectively. This type of plan requires that the employer have a significant annual cash flow to support deductions and is more expensive to operate than a Defined Contribution Plan alone.