• Are your clients pass-through business owners?
  • Did you know $1 could be keeping you from accessing the new 20% Tax Deduction?
  • Do you understand the importance of a smart, innovative strategy like Cash Balance Plans?
  • Are you prepared to understand the limitations and phase-outs associated with this new deduction?
Learn More About the Limitations.The Main Features of Cash Balance Plans

With the latest tax law (H.R. 1), the corporate tax rate and individual tax rate have been lowered, allowing some business owners to deduct up to 20% of their qualified business income.

The best way to take full advantage of the new 20% pass-through deduction is to consider making contributions to a Cash Balance Plan.

With the limited tax threshold, $1 could make the difference of you owing hundreds or thousands of dollars. So, why not contribute to your 401(k) and put the leftover cash into a Cash Balance Plan?

Allow Saxon Financial Services to help you restructure your retirement to take advantage of current tax laws. Todd is here to answer any questions you have.

What Do You Get with A Cash Balance Plan?

Cash Balance Plans are a great retirement plan fit and solution
for physician groups, dental groups, and other professional practices.

They also work well for other small business owners or self employed individuals.

The Plan assets in a Cash Balance Plan are ERISA creditor protected.

A Cash Balance Plan is a tax qualified retirement plan like 401(k) Plans.

That means that the contributions made to a Cash Balance Plans are tax deductible and the investment earnings are tax deferred. Cash Balance Plan assets are not subject to income tax until withdrawn from the Cash Balance Plan or a rollover IRA

A Cash Balance Plan can easily provide for different levels of benefit and contributions for owners, physicians, partners, and other key individuals.

If a plan sponsor wants to contribute a higher amount for one partner than another, that is easy to accommodate in a Cash Balance Plan.

A Cash Balance Plan provides for much higher tax deductible contributions than a 401(k) Profit Sharing Plan alone can provide.

The maximum contribution amount is dependent upon an individuals age and generally increases the older the individual, but at all ages the total maximum contribution available is always higher with a Cash Balance Plan than with a 401(k) Plan alone

A Cash Balance Plan can be maintained along with and as a companion to a 401(k) Profit Sharing Plan.

Indeed, a Cash Balance Plan paired with a 401(k) Profit Sharing Plan often provides a much more favorable contribution cost design than a Cash Balance Plan by itself.

You need to know all the facts to make the best decision for yourFuture.

Let Saxon Guide You