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"Market-Based Cash Balance Plan (MBCBP): Frequently Asked Questions"

Explore the fast-growing appeal of market-based cash balance plans (MBCBPs) and how they’re helping employers offer competitive, risk-aware retirement benefits.

The shift away from traditional pension plans has left many employers searching for ways to offer meaningful retirement benefits, without taking on the investment risks of legacy defined benefit structures. Market-Based Cash Balance Plans (MBCBPs) are emerging as a strategic alternative.

This FAQ-driven white paper addresses the most common questions about MBCBPs and helps law firms determine whether this hybrid retirement plan aligns with their firm’s talent and tax strategies. Combining pooled asset management with individualized benefit statements, MBCBPs offer a 401(k)-like experience with several regulatory and financial advantages.

Inside, readers will learn:

• What makes a market-based cash balance plan different from a traditional cash balance or defined contribution plan
• How MBCBPs use actual returns on plan assets to determine benefits while meeting ERISA and capital preservation requirements
• Why MBCBPs are especially relevant to professional firms with high earners looking to maximize tax-deferred savings
• Plan design considerations such as interest credit options, tiered benefits, and balancing investment risk
• How recent regulatory changes have made these plans even more attractive from a compliance and retention standpoint

If your firm is seeking to enhance retirement benefits, attract and retain top legal talent, or create tax-efficient opportunities for partners and high earners, this guide is a must-read. Download now.

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