What Types of Clients Open Defined Benefit Plans?
If your clients earn high income from self-employment or a small business as a sole proprietorship, partnership, or S corporation, a defined benefit or cash balance plan may provide an added tax-saving benefit for the next several years.
See how much clients could contribute and save using our defined benefit calculator. It lets you compare SIMPLE, SEP-IRA, 401(k) and Defined Benefit plans for solo practitioners, mom & pops, doctors, lawyers, farmers and other small business clients.
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