What makes a Cash Balance plan so attractive?
Small business owners potentially can contribute 3x or 4x more to a cash balance plan than what they can to other plans – up to $200,000 annually.
Here are some of the key advantages of our OwnersPlus™ Cash Balance Plan + 401(k) Safe Harbor/Profit Sharing 401(k) plan:
- Contributions are deductible business expenses generally saving the owner tens of thousands of dollars in annual taxes
- Contributions for owners often exceed 90% of the total contribution amount
- Investments grow tax deferred, building wealth faster