Our top retirement mistake of last year is avoidable. Here’s how.

30th Jan 2023

Hello,

What is the top mistake that we saw last year?
Making SEP or SIMPLE contributions in 2022 – without talking to us first.

Every year we see disappointed clients because they’ve already contributed to a SEP-IRA or SIMPLE IRA. And this typically prevents these consistent high earners from being able to take advantage of the added tax savings of a defined benefit plan or cash balance plan in the same calendar year.

We’ve made it easy to compare retirement plan options. See the key differences between defined benefit vs. defined contribution plans.

Before the busy tax season, now is a great time to start the conversation.

Whether your high-income client is a sole proprietor, LLC or corporation, they may qualify for a huge tax deduction from their business income – $100,000 or more each year. Do you want to estimate tax savings or request a custom proposal? Call us at 866-269-2706. We’re happy to help and easy to talk to.

Defined Benefit vs. Defined Contribution Plans >

Easy Steps for Prospecting & Opening Plans >

Best regards,