Many ER docs may not be aware of cash balance pensions. These are a type of retirement plan that can really supercharge retirement savings and minimize tax liability. But buyer beware: these aren't a DIY solution. That's one of several reasons why they are underutilized despite being an extremely attractive option for saving large sums of money.

On today's episode, we'll discuss these relatively complex plans and how they may be the best tool to help guide ER docs to their retirement goals.