How much can your clients save on taxes? Try our DB plan calculator.
9th Jul 2020
|
|
Clients can double or triple their retirement plan contributions — and reduce their tax liabilities with a Defined Benefit plan. Quickly estimate how much with our updated online calculator. It lets you compare SIMPLE, SEP-IRA, 401(k) and Defined Benefit plans for solo practitioners, mom & pops, consultants, physicians and other high income self-employed professionals.
If you have a client with employees or a special situation, you can email a request form for a custom illustration to DBPlans@dedicated-db.com. Someone from our sales team will respond within 24 hours.
|
Defined Benefit and Cash Balance plans help your clients hold on to more of their income, which they invest with you. Run a proposal with our calculator and use it to start the conversation with clients now. Here’s one client example:
- 50 year-old Sole Proprietor earning $250,000.
- With a Defined Benefit plan he reduces his tax liability by almost $40,000 and adds $98,000 to his retirement account each year.
- Client lowers taxable income and potentially qualifies for the Section 199A 20% deduction for pass-through entities.
|
|
|
|
|

Dedicated DB@ DedicatedDB
How long does it take to set up a Defined Benefit #retirement plan? Learn about this and more in our FAQs. https://t.co/rPqYz8o2wE
7:59 PM • 27 January 2023







Dedicated DB@ DedicatedDB
Here's how to connect with people, not just their money. https://t.co/pOIbcRxipx
6:01 PM • 27 January 2023







Dedicated DB@ DedicatedDB
We've simplified the process. Here are the 4 key steps to get started with a defined benefit #retirement plan. https://t.co/APxJdak88h
7:59 PM • 26 January 2023







Dedicated DB@ DedicatedDB
Here are 6 questions your #financialadvisor should be asking. https://t.co/OBwEGnjOX9
4:59 PM • 26 January 2023







Dedicated DB@ DedicatedDB
Check out our latest Client of the Week. It's about two California-based contractors who have pushed the boundaries… https://t.co/SaTi5Z6FPm
11:01 PM • 25 January 2023







Dedicated DB@ DedicatedDB
Head’s Up Insight: Here’s Where SECURE 2.0 Falls Short https://t.co/USW6kEn4vQ