In uncertain times, which recession-proof jobs should you be targeting?
27th Jun 2022
Hello,
We know that recent media coverage about the economy can scare some clients – and even make them want to put their retirement plans on hold. While no job is truly recession-proof, we recommend Defined Benefit and Cash Balance retirement plans for your clients in industries that are not easily impacted by an economic downturn. These include occupations like:
– Medicine – including anesthesia, dentistry, plastic surgery, psychiatry and tele doctors
– Consulting – including management consulting, IT consulting and environmental consulting – Law – including medical attorneys, intellectual property attorneys, and tax attorneys |
|
|
The 3 key benefits of Defined Benefit plans for high-income professionals (who are typically owner-only, owner + spouse or family business) include:
1. They potentially allow the highest tax-deductible contributions – averaging $100,000+ each year. 2. They can provide tens of thousands of dollars in tax savings. 3. They can help clients build wealth for the future — regardless of the economy or time of year. |
|
|
There are many other high-income occupations that can benefit from these plans — any time of year and in any type of economy like farmers, software developers, engineers, and more. You can provide high-income clients certainty during uncertain times by recommending a high-contribution retirement plan. As always, contact us with any questions at 866-269-2706.
Best regards,
Gary Rosen
Dedicated Defined Benefit Services, part of FuturePlan by Ascensus
E gary.c.rosen@dedicated-db.com
P 818-630-7162
www.dedicated-db.com

Dedicated DB@ DedicatedDB
Need help making your #retirementplan? Self-employed? Our consultants are here to help. https://t.co/lU4yDL6fDt
2:03 AM • 18 August 2022







Dedicated DB@ DedicatedDB
5 reasons Americans are #retiring later in life. https://t.co/QQehrCeY0L
1:59 AM • 18 August 2022







Dedicated DB@ DedicatedDB
Small business owners, keep your retirement on track with a #DefinedBenefitPlan. Speak with a plan design consultan… https://t.co/KVpliNcZUn
1:35 AM • 18 August 2022







Dedicated DB@ DedicatedDB
Here are 9 #retirement strategies to protect against inflation and stock market decline. https://t.co/bVkUosq8Tr
1:14 AM • 18 August 2022







Dedicated DB@ DedicatedDB
Are you on track to reach your #retirement goals? Let our team of experts help you make the most of your income. https://t.co/lU4yDKOELV
10:03 PM • 11 August 2022







Dedicated DB@ DedicatedDB
12 Worst states for living in #retirement in 2022. https://t.co/UJfwt0aWSB