Your small biz client filed a tax extension? Can you recommend a DB plan for 2020?

9th Jun 2021

Which of your self-employed clients filed a tax extension?

Hello,

Do you have high-income clients who filed a tax extension? Good news. There may be even more time for them to open a Defined Benefit retirement plan for 2020.

As a reminder, the SECURE Act’s deadline for opening a Defined Benefit plan includes extensions. Therefore high income, self-employed professionals, who filed a business tax extension, may still be able to open a Defined Benefit or Cash Balance plan for the 2020 tax year.

Partner with CPAs to build your business.
Advisors often partner with CPAs to identify prospects in need of new tax strategies – especially after the busy tax season. Defined Benefit plans offer the largest allowable deductible contributions to a retirement plan, averaging $100,000+ each year.

If you want to chat about any prospect or client situation, just ask me or any of our Plan Design Consultants. We’re happy to help and easy to talk to. Call us at 866-269-2706.

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VIEW OUR ‘PARTNER WITH CPAs’ MATERIALS
TRY OUR DEFINED BENEFIT CALCULATOR

 

Best regards,

Raymond Lee

Raymond Lee
Director of Sales | Dedicated Defined Benefit Services, part of FuturePlan by Ascensus

E raymond.lee@dedicated-db.com
(866) 269-2706

www.dedicated-db.com

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