There is still time to save big on taxes 2016 Dedicated DB

There Is Still Time to Save Big on Taxes in 2016

14th Dec 2016

business woman running with clock

With the booming gig economy, there are more high-income self-employed people than ever. If you are self-employed, you may not have planned for high taxes this year. But a defined benefit retirement plan can help reduce taxes and build wealth if you open the plan before year-end.

Our Quick Adoption process allows high-income earners to open a defined benefit plan that still can provide clients big 2016 tax breaks if they open plans up by Dec. 31. A DB plan can potentially reduce taxable income by $100,000 or more while adding $1-2 million to retirement savings over 5-10 years.

Individuals can invest plan contributions in any marketable securities, such as stocks, bonds, ETFs, mutual funds and annuities. These IRS-approved plans require annual contributions and the services of a third party administration provider.  Dedicated Defined Benefit Services have consultants available to talk to you at 866-269-2706.

This retirement plan is good for owner-only companies and family businesses, doctors, consultants, contractors, realtors, authors, and even farmers.

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