what happens to my cash balance pension if i quit 
your cash balance pension is portable so you can take the vested portion with you when you quit and roll it into another retirement account the bottom linea cash balance pension plan is similar to other retirement accounts the contributions are tax deferred for the employee and the principal grows with compounding interest and capital gains the employer takes on all the investment risk and the employee can use their wages to invest in another retirement fund of their choice while a cash balance pension is an excellent retirement plan option you should choose one with caution compare it to other accounts and the tax treatment you expect to receive when you retire to see if it or another plan will work better for your financial situation 