Newsletter

Contact Clients & Prospects During #FinancialPlanningMonth

High contribution retirement plans — Defined Benefit and Cash Balance plans — don’t have to be complicated.  We’ve taken the hard work out of introducing these plans by creating brochures that explain the benefits, including how to take advantage of the new 20% deduction for pass-through income.  We’ll send you 10 brochures (5 of each) at no cost.  If you need more, give us a call at 866-269-2706. 

New Tax Advantage of High Contribution Plans

If your clients earn high income from self-employment or a small business as a sole proprietorship, partnership, or S corporation, a high-contribution retirement plan, such as a defined benefit or cash balance plan, may provide an added tax-saving benefit for the next several years. For some clients, the large deductible contributions reduce taxable income below certain income thresholds to qualify for the 20% pass-through deduction on qualified business income.

OnePersonPlus® is an IRS-approved Defined Benefit Plan for high income self-employed individuals, owner-only and family businesses. In 2017, clients who opened our OnePersonPlus® Defined Benefit plans had a median plan contribution and deduction of $133,000. Annual contributions are required.

For business owners with employees, an OwnersPlus™ Cash Balance and 401(k) program may provide high contributions for owners while limiting the cost of retirement benefits for employees.

Retirement Plan Illustrations

Add a personalized illustration to your financial planning. How much can your client save? Run an estimate yourself online and then give us a call. We can refine it for you and help you talk your clients through it. #FinancialPlanningMonth

Marketing Tips and Sales Support

1. Identify Defined Benefit and Cash Balance Prospects 
2. Order brochures from Dedicated DB.
3. Once your client responds, you might need to gather additional information — use our “Illustration Request Form” to gather census information.
4. Call Dedicated DB at 866-269-2706 to discuss your prospect or you can run an estimate using our online calculator right now.

Client of the Week

Contract CFO Cashes In

A contract CFO in Silicon Valley works for 2-3 start-ups at a time.  His usual cash fee is $100,000 per company per year but sometimes he receives stock options as part of the deal.  This year, he cashed out options lifting his income to over $1,000,000.  We designed …