Who’s Making Money

As third-party administrators selling tax-advantaged retirement plans we see the diverse ways successful people earn money. Our clients are generally self-employed or owners of small businesses and include a range of occupations such as entrepreneurs, astronauts, consultants and medical practitioners. The stories we hear from advisors – and clients – on how they produce high income always impress us.
 
Check out our Who’s Making Money videos, where our plan design consultants talk about the types of successful clients who have benefited from opening cash balance or defined benefits retirement plans.

 

Software Designer

Who's Making Money - Software Developer   An independent software designer earns $177,000 a year and his wife earns $101,000. They opened a defined benefit plan coordinating it with their existing solo 401(k) that allowed $262,000 in contributions. They save $99,000 in taxes. See Video


Success Coach

Who's Making Money - Success Coach   A success coach pays herself $270,000 in W-2 income. A combined defined benefit plan and 401(k) allowed $111,400 in 2017 retirement contributions, lowering her taxes by $42,000. See Video


Tele-doctor

Who's Making Money - Teledoctor   A tele-doctor who set up a S corp for his tele-doctor practice pays himself $140,000 a year in W-2 income. His $135,000 contribution to a defined benefit plan helps him reduce taxes and lowers his adjusted gross income (AGI). See Video


Insurance Agent

Who's Making Money - Insurance Agent   An insurance agent and his wife who earned $355,000 in W-2 income supercharged their retirement saving with a defined benefit plan. They will contribute $160,000 to defined benefit plan that lowers their adjusted gross income (AGI) to below $200,000. See Video


High School Teacher

Who's Making Money - High School Teacher   A high school teacher with a side business of selling curriculum online makes $300,000 a year on top of her teaching salary. The teacher will contribute $150,000 a year to a defined benefit plan, lowering her tax bill by $55,000. See Video


Resources

CASH BALANCE WHITE PAPER FOR YOU AND CLIENTS

Learn More

SIGN UP FOR OUR WEEKLY WEBINAR

Learn More

TURN ALL YOU KNOW ABOUT DB PLANS ON ITS HEAD

Learn More

Estimate contribution and deduction with our DB calculator Try it now