Doctors, lawyers and accountants have 401(k) plans. But many have another retirement-saving weapon. It is called a cash balance plan, and it lets people save up to about $3.6 million on top of a 401(k)—while deferring taxes in much the same way. In some of these plans, older higher-earners can put away as much as $380,000 a year, though younger and lower-paid people have lower limits. https://lnkd.in/gpsetquc
