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Perspective

Apr. 29, 2010

The Beauty of a Cash Balance Buy-Out Tool

Steve Butler of Pension Dynamics says there is a unique retirement plan variation that can grease the skids of an exit strategy and leave everyone in a win-win situation.

By Stephen J. Butler

Today, many businesses - especially professional firms such as law practices - have a sobering problem when it comes to older partners. It can be difficult enough to negotiate a sale of an owner's interest, and finding a way to pay for it is an even greater challenge.

A unique retirement plan variation can grease the skids of an exit strategy and leave all parties in a win-win situation. This would involve the creat...

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