Now is the season to help your clients get ready for 2023 taxes

1st Dec 2023

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getting ahead of the curve

Hello,

As the year reaches a close now is the time to check in with your high-income self-employed clients to prepare for the upcoming tax season to maximize their tax savings and plan for retirement.

Here are 3 tips to help them make good decisions:

1 Open plans now, fund later – Clients may invest $50,000 or more in a Defined Benefit (DB) or Profit Sharing plan to get potential 2023 tax benefits even though the plan will be established and funded in 2024. Defined Benefit plans are based on age, income, and years to retirement.
2 Add a DB plan in addition to offering a Profit Sharing plan – Adding a DB plan can greatly increase their retirement savings and reduce annual tax liability — starting this year.
3 Get the conversation started – Now is the ideal time to discuss adding a DB plan. We can participate with clients in conversations with their accountant or tax advisor in plan design.

Try out our Defined Benefit plan calculator to see how much your clients can save on their taxes.

Estimate Tax Savings

 

Contact our defined benefit specialists.

We can create custom proposals and design plans to fit your client’s situation.

Call us toll free at: 1-866-269-2706 or email us at dbplans@dedicated-db.com.

Best regards,

ray signature

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

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

www.dedicated-db.com

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Dedicated Defined Benefit Services, FuturePlan and Ascensus do not provide tax or legal advice.  Prospective investors should consult with a tax or legal advisor before making any investment decision.  The information provided by the Defined Benefit Calculator is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase, securities in any jurisdiction to any person to whom it is not lawful to make such an offer.

© 2024 Dedicated Defined Benefit Services, part of FuturePlan by Ascensus. All Rights Reserved.

OnePersonPlus is a registered trademark of Dedicated Defined Benefit Services.

Estimate contribution and deduction with our DB calculator Try it now

Call: 866-269-2706