Dentistry pays well and starts late. Between four years of dental school, potential residency, and often $300,000-plus in ...

Stacking a Cash Balance Pension Plan on top of a Profit Sharing 401(k) can provide the largest tax savings for high income business owners. For small business owners, who don't want to have to work ...

For many successful business owners, there comes a point when traditional retirement plans just don't move the needle anymore. If you're hoping to further reduce your taxable income and accelerate ...

Tax planning is a great way to help increase your take-home pay as a small business owner. Setting up a Cash Balance Plan could save a business owner $100,000 or more in yearly taxes. These tax ...

Cash balance plans and 401(k)s are both employer-sponsored retirement options, but they work differently. A cash balance plan is a type of pension that promises a set payout at retirement based on a ...

Stacking a Cash Balance Plan on a Solo 401(k) lets a 58-year-old solo consultant shelter $312,000 per year, saving roughly $118,000 in annual taxes. At 58, Cash Balance Plan contribution limits ...

Source: October Three Consulting LLC. Past performance is no guarantee of future results. The value of in-plan cash balance plan annuitization: Note that the value of the cash balance annuity is 20–30 ...

A 55-year-old solo dentist nets $750,000 in pass-through income from her practice. She maxes her Solo 401(k) every year. She still owes well into six figures in federal tax. The question on ...

Cash balance plans continue to gain acceptance. Per the 2016 National Cash Balance Research Report from Los Angeles-headquartered retirement consultants Kravitz Inc., these plans now account for 29 ...

If you’re seeking a new niche to expand your plan consulting business, the growing market for cash balance plans (CBP) is worth considering. According to the 2016 National Cash Balance Research Report ...

Let’s look at why some cash balance plan sponsors allocate a limited portion of plan assets to permanent life insurance for stability, funding efficiency and risk management, when done within the ...