DEFINED BENEFIT

PENSION PLANS

Create Tax Free Income, Prepare for the Future, & Leave a Lasting Legacy.

A defined benefit plan is a retirement plan that allows high income employees or business owners to make large contributions to scale their total retirement that are tax deductibe. This plan is apporved by the IRS and the maximum contribution is determined by age. 

 

WHO  CAN MAXIMIZE

THEIR RETIREMENT

PLAN BY MOVING  TO

A DEFINED BENEFIT PLAN 

 

Business Owners
High Income Professionals
Consultants + Self-Employed individuals

Is a Defined Benefit Plan Right for You?

This pension plan maximizes the retirement needs of those who are:

*40 years of age or more 

*A self-employeed individual, LLC, or small business with 0-5 employees

*Earnings starting at $100,000 annually

*Desire to contribute more than $50,000 annually to retirement (up to $200,000)

*The ability to contritube for a minimum of 3-5 years

Advantages

* Large tax deferred contribution approved by the IRS

*Can contribute north of $200,000 a year depending on age

*Can contribute up to $2.5 million in a lifetime

*Savings grows tax deferred leading to an early retirement

*Company makes annual deposits into your account based on age and salary

*Can have a defined benefit plan as well as a 401k/ SIMPLE IRA

PROVIDING A DEFINED

BENEFIT PLAN TO

YOUR COMPANY:

In this day and age, companies have to be extremely competitive with their benefits to keep their top executives for an extended period time. For an employer, this is an opportunity to offer another benefit to their executive team. This is a type of pension plan that promises a specified lump sum payment on retirement based on employment history, tenure of service, and age.
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