Newsletter

Are your entrepreneur clients too busy to talk about saving for retirement?

Don’t wait until Dec. 31 to find out your clients’ 2020 earnings information. By then, it may be too late to recommend the right retirement plan and help them maximize tax savings. But if you could talk to your clients now, which of these solutions would you suggest?

At Dedicated DB, our job is to help self-employed clients save on taxes and build wealth, which we do by offering tax-advantaged retirement plans. We understand that most entrepreneurs are focused on their business and just want to get their enterprise off the ground. For busy entrepreneurs, retirement isn’t a high priority. Learn about 4 retirement plan options for entrepreneurs.

How does a Defined Benefit plan compare to other plans?

Here are some of the reasons why some of our entrepreneur clients – like video gamers, online coaches, YouTubers, and consultants – are opening Defined Benefit plans:

• Contributions are tax deductible and may provide tens of thousands of dollars in tax savings
• A DB Plan may allow high-income clients to contribute 2-3 times the amount they might otherwise contribute to a SEP or 401(k)
• Try our Defined Benefit Plan Calculator to easily estimate annual contribution and tax savings