High Prices Force Buyers to Stretch Out Car Loans
- Broadridge Content
Taking out loans with long repayment periods of six or seven years might help someone qualify to buy a more expensive car, but it also pushes up the cost of ownership over time.
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Knowledge is power! The following news has been carefully selected by our office to empower your learning. Dive into trending news, thought-provoking insights, and everything in between.
Market Month: May 2026
- Broadridge Content
The latest issue of Market Month is available.
Medical Professionals: A Prescription for Your Financial Health
- Broadridge Content
Medical professionals may consider seeing a financial professional to ensure their finances receive proper care.
Planning for the Future with an ABLE Account
- Broadridge Content
Learn more about using an ABLE account to save for disability-related expenses.
Midyear Checkup: Can You Contribute More to Your Retirement Plan?
- Broadridge Content
This may be a good time to make sure you are on track to meet your annual contribution goal.
Cash Balance Plan
- Broadridge Content
A cash balance plan is a qualified employer-sponsored retirement plan that has become increasingly common in recent years as an alternative to (or replacement of) the traditional defined benefit pension plan. Though it is technically a form of defined benefit plan, the cash balance plan is often referred to as a "hybrid" of a traditional defined benefit pension plan and a defined contribution plan. This is because cash balance plans combine certain features of both defined benefit and defined contribution plans. Like traditional defined benefit plans, cash balance plans pay a specified benefit amount at retirement. However, like defined contribution plans, participants have individual (albeit hypothetical) accounts, allowing for easy tracking of accrued benefits.
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