This module begins by defining the ERISA and IRC requirements associated with qualified plans. We will then focus on the major characteristics and uses of two common defined benefit plans: traditional defined benefit plans and cash balance plans.

Author: Kristen MacKenzie, MBA, CFP®, CRPC®

Kristen MacKenzie, MBA, CFP®, CRPC® is an associate professor at the College for Financial Planning. Kristen has over 20 years of experience in the financial services industry, both as an active financial planner and as a provider of financial education. She graduated from the University of Connecticut with a degree in economics and later received her MBA at the University of Colorado. You can contact Kristen at kristen.mackenzie@cffp.edu.

Complexity Level: Intermediate