Welcome back to The Sentinel Show! Today, Melissa and Kasey tackle an unusual but important topic: pairing SEPs (Simplified Employee Pensions) with Cash Balance Plans.

This question led to a deep dive into how these two types ofretirement plans can (and sometimes can’t) work together. Can you retroactively add a cash balance plan to a SEP? What’s the IRS rule about Form 5305? Why does the 31% combined plan limit matter? And ultimately—why might a 401(k) with a cash balance plan offer more flexibility and higher long-term savings potential than a SEP with one?

Melissa and Kasey walk through the rules, limits, andreal-life scenarios to highlight the pros, cons, and tax advantages that come with these different plan combinations.

Have any questions about this episode’s topic? Let us know!
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Music by Adam Vitovsky