Cash-Balance Plan

Business, Legal & Accounting Glossary

Definition: Cash-Balance Plan


Cash-Balance Plan


Full Definition of Cash-Balance Plan


A defined benefit plan characterized by an annual contribution made by the employer for each enrolled employee. Once deposited, funds accrue interest.


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https://payrollheaven.com/define/cash-balance-plan/
Modern Language Association (MLA):
Cash-Balance Plan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 28, 2024 https://payrollheaven.com/define/cash-balance-plan/.
Chicago Manual of Style (CMS):
Cash-Balance Plan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/cash-balance-plan/ (accessed: March 28, 2024).
American Psychological Association (APA):
Cash-Balance Plan. PayrollHeaven.com. Retrieved March 28, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/cash-balance-plan/

Definition Sources


Definitions for Cash-Balance Plan are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.