Alternative Retirement Plan Designs

This in-depth analysis of Alternative Retirement Plan Designs was prepared for MCAA by actuaries Cary Franklin and Jonathan Feldman of Horizon Actuarial Services. It offers a general risk-factor analysis for plan trustees to consider in any more in-depth analysis of particular plan circumstances and plan design options. It focuses on six areas: 1) traditional defined benefit (DB) plans; 2) variable DB plans; 3) cash balance plans; 4) money purchase plans; 5) profit sharing plans; and, 6) proposed new composite plans (not yet enacted into law).