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.

A cash or deferred arrangement (CODA) is a specific method of funding a qualified profit-sharing, stock-bonus, pre-ERISA money-purchase pension plan, or rural cooperative plan.

In Schultz et al. v. Aerotech Inc. et al., filed in the U.S. District Court for the Western District of Pennsylvania in April 2024, former and current participants of Aerotech’s ESOP argued that the ...

As of Sept. 30, the plan had accumulated $26 million in assets, according to data provided by Southwest. Southwest’s cash balance plan follows IBM’s implementation of a similar plan in January.