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Your Bank > Education and Advice > CNB University

Cash Balance Retirement Accounts

Assessing the Financial Health of Your Business

We hope you enjoyed listening to "Ask the Experts" on 1180 WHAM, Sunday, November 28th at 8pm. Ask the Experts is CNB's financial forum for education and advice as local experts answer your questions on financial topics that interest you.

The experts in CNB's most-recent broadcast comprised a diverse financial team, which included CNB's Kathleen Emert. Kathleen has over 20 years of experience in retirement services and discussed the importance of Cash Balance Retirement Plans for businesses like yours. She was joined by Phyllis Rimkus, President, Rimkus, Marciano & Associates, Inc. and Kevin J. Donovan, CPA,EA,MSPA, Pinnacle Plan Design, L.L.C.

Highlights From the Show

Topic Audio Clip
What is a Cash Balance Retirement Plan?
 
 
What are the benefits of Cash Balance Retirement Plans?
 
 
Are there benefits to combining with a Safe Harbor Profit Sharing Plan?
 
 
Can I convert my current Cash Balance Retirement Plan into an IRA?
 
 
Does a Cash Balance Retirement Plan protect against risk?
 
 
Why consider a Cash Balance Retirement Plan?
 
 

You can also listen to the broadcast in its entirety here:

 
 


This material is provided for general information purposes only and is not a recommendation or solicitation to buy or sell any particular security, product or service. Past performance is not indicative of future investment results. Any investment involves potential risk, including potential loss of capital. Before making any investment decision, please consult your legal, tax and financial advisors. Non-deposit investment products are not bank deposits and are not insured or guaranteed by Canandaigua National Bank & Trust, or any federal or state government or agency and are subject to investment risks, including possible loss of principal amount invested.