Treat these cash vehicles as places to park money for specific purposes: A) as a contingency fund, and B) for money you know you'll spend in the next 24 to 36 months, depending on your risk tolerance.

This is key, because a sponsor’s assets and liabilities can track each other, essentially de-risking the plan and providing costs that are at least as stable and predictable as a 401(k) plan or a ...

IBM has an existing cash balance plan that they froze in 2008. According to the most recently available IRS Form 5500 filing, the plan entered 2023 overfunded by more than $5 billion.

The “FaCOP Refi Initiative” promising homeowners up to $185,000 is not a real cash-out refinance plan backed by the Federal Housing Administration.