man with dollar signs in eyesCalifornia and New York have the most such plans overall,accounting for 25 percent of all new plans, and are followed byTexas, Ohio and Florida. (Photo: Shutterstock)

Cash balance plans are on the rise, according to thenew 2018 National Cash Balance Research Report fromKravitz, Inc. So are plan sponsor contributions.

The number of new plans has risen by 15 percent, and employercontributions have risen even more—by 30 percent—as legislationfavoring such plans helped them along.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.