Newsletter

Your small business clients with under ten employees may be able to access large tax deductions and potentially expand their retirement savings by establishing a Cash Balance plan. This specialized plan may allow them to contribute more than $150,000 for themselves and when combined with a 401(k) plan help them lower the costs for employee benefits.

Now that we’re nearing October 15, it’s time to set your clients up for tax savings in 2025.

Here are some advantages of Cash Balance plans:

• Small business owners may be able to contribute 3 to 4 times more than other plans
• Contributions are tax deductible, potentially saving owners tens of thousands of dollars annually
• Owners can set different contribution levels allowing for more flexibility in allocating employee benefits

To learn more about the specifics of Cash Balance plans see our white paper:

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,

Raymond Lee
Director of Sales | Dedicated Defined Benefit Services, part of FuturePlan by Ascensus
E raymond.lee@dedicated-db.com
P (866) 269-2706
www.dedicated-db.com