Which retirement plan is best for small biz?
27th Jun 2023
Want a tax-advantaged retirement plan that can accelerate savings?
Defined Benefit and Cash Balance retirement plans allow high income self-employed doctors and owners of small medical practices to make the largest tax-deductible contributions each year, often $150,000 or more. Dedicated DB’s personalized service and easy setup process simplifies opening a new plan.
What are the advantages of Defined Benefit plans for physicians?
- Provides the largest contributions each year, often $150,000 or more
- All contributions for these plans are tax deductible in the year they are paid
- Starting as late as age 52, a physician earning $305,000 can accumulate $2.67 million in 10 years
For over 20 years, Dedicated DB has helped small business owners and self-employed professionals in the healthcare industry with flexible retirement solutions.
If you’re ready to save big on taxes, we’re ready to help. Call 866-269-2706 or email us at DBplans@dedicated-db.com
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