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Cash Balance Plans

Can You Have a Cash Balance Plan and a 401(k) Together?

Updated September 10, 2026 · 4 min read · Montreux Wealth Management

In brief

Yes. The most common approach combines a 401(k) with profit sharing and a Cash Balance Plan in the same controlled group. Total contributions can exceed standard 401(k) limits because the Cash Balance Plan uses defined benefit actuarial funding rules separate from defined contribution caps.

Why combine both plans

The 401(k) handles employee deferrals, optional matching, and flexible profit-sharing. The Cash Balance Plan adds large employer-only deductible contributions for owners and key employees based on actuarial targets.

Together, they create a retirement and tax strategy that neither plan achieves alone.

Coordination with your CPA

Plan design must align with payroll, entity structure, and your overall tax strategy. Montreux coordinates with your CPA so contribution timing, deductibility, and cash flow are considered holistically.

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This article is for educational purposes only and does not constitute tax, legal, or investment advice. Individual circumstances vary. Montreux Wealth Management is a registered investment adviser. Contact f.hasan@montreuxwealth.com with questions.