Cash Balance Plan Meaningful Benefit Calculator

Meaningful Benefit PV Calculator (401(a)(26))
Uses the IRS unisex 417(e) mortality table (Notice 2024-42 for 2025, Notice 2025-40 for 2026) to compute the present value at current age of a meaningful benefit (e.g., 0.5% of pay) as a life annuity at NRA.
Determines which IRS unisex table is used.
Life annuity starts at this age.
$
%
%
$0
0.00% of current compensation
Annual meaningful benefit at NRA
$0
PV at NRA of life annuity
$0
Years from current age to NRA
0
Life annuity factor at NRA
0.0000
Mortality basis: 2025 IRS unisex 417(e) table from Notice 2024-42. Life annuity is an annual immediate annuity (payments at end of each year) from NRA to age 120, using the selected interest rate.
Formula summary: ΔB at NRA = (% of pay × compensation). PV at NRA = ΔB × aNRA (life annuity factor from IRS unisex table & interest rate). PV at current age = PV at NRA × (1 + i)−(NRA − current age).
Emparion, LLC does not provide legal, investment or tax advice. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact financial results. Emparion cannot guarantee that the information herein is accurate, complete, or timely. Emparion makes no warranties with regard to such information or results obtained by its use, and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information. Please consult an attorney or tax professional regarding your specific situation.