How will your retirement plans be impacted by Biden’s tax proposal? With these proposed tax changes still up in the air, let’s consider whether a high-contribution retirement plan is right for you. As you may know, Defined Benefit and Cash Balance plans help self-employed professionals and small business owners accelerate retirement savings by allowing them to make very high deductible contributions – averaging $100,000+ annually.
Step #1: Run a do-it-yourself proposal.
Want to easily see how a Defined Benefit plan compares to other plans? Quickly estimate tax savings and maximum contribution with our Defined Benefit plan calculator.
Step #2: Call us to request a custom proposal.
There are many variables that go into calculating the right contribution for your plan – including wages, tenure, and type of income. As always, we’re happy to run a custom proposal. Call us at 866-269-2706.
For over 20 years, we’ve helped medical professionals build retirement wealth and save BIG on taxes. Don’t wait for the expected tax changes to take effect. Prepare now.