Focus Session: Retirement
3:30 p.m. – 4:30 p.m.
Cash Balance: A Defined Benefit Plan in 401(k) Clothing
Mary Read, CPC, QPA
How do you get large, tax-deductible contributions and steer them to benefit the people you choose? Cash balance plans give business owners the power to choose who they want to benefit most — and least. These new plans are finding their way into the hearts and portfolios of small-business owners and professionals because of their substantial deductible contributions, design flexibility and protection from creditors. Plus, cash-balance plans can be enhanced with life insurance, enabling insurance premiums to be paid with tax-deductible dollars. If you have clients who own businesses with five to 200 employees, you will want to come to this session.
Appeal: US
Level: General