Defined Benefit Calculator

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Defined Benefit Calculator

Easily estimate contribution and tax savings

Maximum annual DB contribution, tax savings, and total benefit at retirement

Owner only SEP, SIMPLE and 401(k) contribution comparison

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Estimate Tax Savings

Retirement Plan Savings for a Client Age 52 earning $345,000

Defined Benefit Comparison Chart

OnePersonPlus Defined Benefit Plan Allows the Largest Contribution

 

High income earners 50 or older may be eligible to contribute to a OnePersonPlus 2 to 3 times the amount they might otherwise contribute to a SEP or 401(k).

Man smiling talking with clients

Defined Benefit Calculator

Easily estimate contribution and tax savings

Maximum annual DB contribution, tax savings, and total benefit at retirement

Owner only SEP, SIMPLE and 401(k) contribution comparison

Smiling Advisor with clients

Estimate Tax Savings

Retirement Plan Savings for a Client Age 52 earning $330,000

Defined Benefit Comparison Chart

OnePersonPlus Defined Benefit Plan Allows the Largest Contribution

 

High income earners 50 or older may be eligible to contribute to a OnePersonPlus 2 to 3 times the amount they might otherwise contribute to a SEP or 401(k).

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Defined Benefit Plan Calculator

Our Defined Benefit plan calculator gives a free estimate of your tax savings and overall plan accumulation. In less than 2 minutes, you’ll have a custom proposal and can see how much you could save on taxes and add to your retirement savings. See if you’re eligible for a Defined Benefit Plan.

The Defined Benefit plan calculator lets you compare SIMPLE, SEP-IRA, 401(k) and are ideal for high earning independent contractors, small business owners, entrepreneurs, consultants, doctors, screenwriters and other high-income self-employed professionals.

These qualified retirement plans are IRS-approved and provide for the largest annual contributions to retirement plans, often exceeding $150,000 annually.

Calculate Savings

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Cash Balance Plan Calculator

If you’re a small business owner with 2 to 10 employees who wants to accelerate retirement savings and have maxed out your 401(K) accounts, a Cash Balance plan is another option to build wealth and minimize taxes. The Cash Balance plan has become more popular with the self-employed and small business owners who are looking to pay less taxes.

A Cash Balance plan is a type of Defined Benefit plan. An employer makes contributions over time to help fund a “personal pension plan” and can deduct their contributions, allowing for large tax deferrals. Tax deferral means that you are deferring paying taxes on the amount contributed to the Cash Balance plan.

This retirement plan also works well for older small business owners with large incomes who have delayed their retirement and need to turbocharge retirement savings.

Request Free Cash Balance Plan Calculation

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Who is the right client?

  • Over 35+
  • Makes $120,000
  • Is self-employed or runs a family business
  • Wants to save a lot on taxes

Calculate Savings

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OnePersonPlus is a registered trademark of Dedicated Defined Benefit Services.

Estimate contribution and deduction with our DB calculator Try it now

Call: 866-269-2706