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412-967-6240

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If a business can no longer support a Cash Balance Plan, are there ways to limit or even eliminate future contributions?

Yes. This can be done with a combination of freezing the plan, working with some actuarial methods and assumptions, and then, if necessary, terminating the plan. The key is for the plan sponsor to be in touch with the actuary early on once the realization is made that business is not doing well.