I opened a OnePersonPlus Defined Benefit Plan and put away $150,000 last year and another $120,000 this year and it’s all a deduction. I figure at least 30% of it is a gift from the IRS.
High-income professionals, small business owners, and individuals with self-employment income can get dramatic tax savings by making large, tax-deductible contributions to their own Defined Benefit (DB) retirement plans. Dedicated Defined Benefit Services specializes in establishing and servicing defined benefit and cash balance plans nationwide for businesses with 1 to 10 employees.
Great deal. Every small business owner should have one.
Dr. Arthur GeorgeDoctor
Makes budgeting for retirement a whole lot easier.
Nancy WalshCorporate Lawyer
Great way to park cash and lower taxes.
Howard TaylorWheat Farmer