Did you know that this deadline extension is a game changer?

2nd Feb 2021

What's the #1 question that Advisors ask us about the SECURE Act?


This year is unique for you and your clients. Because of the SECURE Act’s deadline extension, there’s still time for self-employed individuals to open Defined Benefit and Cash Balance plans for 2020. Here’s why…The deadline for a business to establish a plan has been extended to a business’s tax filing due date, including extensions.

We’ve recently been getting various questions about how the SECURE Act is affecting clients. Some advisors have asked about changes to minimum distributions and in-service distributions. What’s the #1 question that we’ve been asked about the SECURE Act?

“What is the last day that my client can submit a questionnaire and still adopt a plan for 2020?”

As you can imagine, the answer depends on a variety of factors. Generally we would encourage you to start the process ASAP, because effective plan design takes time. A great place to start is our Defined Benefit plan calculator.



Advisors appreciate that a Defined Benefit plan is a powerful tax strategy that can deepen client relationships each year of the plan. If you have any questions, just ask me or any of our Plan Design Consultants. We’re happy to help and easy to talk to.

Finally, we’re excited to see Dedicated DB featured in this new Forbes article. Check it out. Thanks.

Best regards,

Raymond Lee

Raymond Lee
Director of Sales | Dedicated Defined Benefit Services, part of FuturePlan by Ascensus

E raymond.lee@dedicated-db.com
(866) 269-2706


 Dedicated DB Logo


Dedicated DB@ DedicatedDB

By contributing large amounts to this type of #retirement plan, small businesses have the potential to reduce their… https://t.co/tmuieFE8Vx

8:01 PM 5 December 2022

Dedicated DB@ DedicatedDB

To make 2023 financial resolutions stick, master these stages of change... https://t.co/TvShWb8ni6

7:59 PM 5 December 2022

Dedicated DB@ DedicatedDB

A #DefinedBenefitPlan provides #retirement benefits for corporate board members who receive high salaries. See how… https://t.co/p0uI89ak04

11:01 PM 1 December 2022

Dedicated DB@ DedicatedDB

Financial Psychology More Important Than Ever In #RetirementPlanning https://t.co/BuJSaDJFwe

10:51 PM 1 December 2022

Dedicated DB@ DedicatedDB

Consider these 4 end of year #smallbusiness tax moves https://t.co/JbmgnSyAw9

7:59 AM 1 December 2022

Dedicated DB@ DedicatedDB

How much can #smallbiz save for retirement? Find out with this Defined Benefit plan calculator. https://t.co/YMz0raZiR4

8:02 PM 30 November 2022

Estimate contribution and deduction with our DB calculator Try it now