Dear Sc9182, you are exactly right.if i take a guess (based on 2018-2019 numbers on later) - this BH has a big shovel- at bare minimum $200k+ annually being invested into portfolio (assumption his/her based on some 80-90% equities based mostly on S&P500)
we started the cash balance plan in 2020 and super funded it in 2020, 2021 and 2022 and 2023.
I am sure we benefited from both dips in 2020 and 2022.
[/quote]
Are you 100% stock funds in cash balance plan too ?
Are you the only one in cash balance plan or do you have employees in it too?
[/quote]
No. That’s being professionally managed. I think that they have bonds, cash and others.
I am the only person in the cash balance plan
Statistics: Posted by stay.the.course — Sun Jul 14, 2024 6:12 am