Top reasons why your colleagues are opening these plans

2nd Aug 2022

Hello,

I can’t believe how fast the summer is flying by. Hopefully you have been able to find time to relax and recharge. And while you’re taking a break from your client’s needs, you may want to turn that focus on your own financial needs.

As an Advisor, what retirement advice would you give yourself right now?

During the summer slowdown, we spend a lot of time talking with Advisors (including RIAs, CFPs and CPAs) about setting up Defined Benefit plans for themselves. In fact, Advisors are the #3 occupation who open plans with us. Here are some of the reasons why:

Contributions are tax deductible and may provide tens of thousands of dollars in tax savings
A DB Plan may allow you to contribute 2-3 times the amount you might otherwise contribute to a SEP-IRA or 401(k). Try our online calculator to see a comparison.
Investments grow tax deferred, building wealth faster

Wherever you find your happy place this summer, try to imagine your best retirement. And let us know if we can help get you there. Just give us a call at 866-269-2706.

DEFINED BENEFIT PLAN FAQs

Best regards,