We see to it that our clients establish and fund the most advantageous retirement plans for their circumstances.

Small business owners and independent professionals have excellent options available to them when it comes to saving on taxes and building their nest eggs through qualified retirement plans.  Specifically, a high-impact retirement plan we encourage our business owner and independent professional clients to examine is called a defined benefit pension plan.

Defined benefit plans are not available to everyone, but for those in the right circumstances they can be very effective vehicles for saving on taxes and building retirement wealth.  Here are some of the benefits these plans offer:

• Highest allowable contributions to an IRS-approved qualified retirement plan–$100,000 or more
• Annual tax savings of $40,000 or more
• Investments grow tax-deferred, enabling faster wealth accumulation
• Tax-free rollover to IRA at retirement (or plan termination)
• Flexible range of investment choices

Clients who fit the following profile may be able to take advantage of a defined benefit plan:

• Self-employed or small business owner with up to five employees
• 40 years of age or older
• Willing and able to contribute $60,000 or more annually to a plan

If you would like to find out if you are a good candidate for a defined benefit plan, please contact us and we will create a complimentary benefit analysis for you. You may also fill out and send us a Proposal Request using the form to the right.

For more information, please download our 2011 Defined Benefit Plan White Paper