Easily estimate contribution and tax savings
Our calculator takes 2 minutes to create an estimation of
- Maximum annual DB contribution, tax savings, and total benefit at retirement
- Maximum annual DB+401(k) for Owner only and Owner plus spouse or partner
- Owner only SEP, SIMPLE and 401(k) contribution comparison
Let’s get started!
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.
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.
-
Very customer service oriented and knowledgeable. We've had a great personal experience with Dedicated DB for our client.
FINANCIAL PLANNER
INDIANA -
I have been using you guys for about 12-15 years and you have always done a great job for me. I highly recommend you guys to my fellow CPA's and FA's.
CPA
Texas