Cash Balance Plans for Business Owners

What this episode covers

Business Owner or Self Employed? Wish you could more $ away in your retirement accounts? Now You Can! A Cash Balance Plan is a type of pension plan that allows business owners to contribute 30% - 50% more to a retirement plan. The max in your current 401(k) is $66,000 and that's if you are matching and making additional contributions for all of your employees. We'll show you how to put $180,00 - $250,000 away (depending on your earnings) and you won't have to contribute as much to your employees.

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Frequently Asked Questions

How long is this episode of ARIES Foundation Think WIth A Drink?

This episode is 28 minutes long.

When was this ARIES Foundation Think WIth A Drink episode published?

This episode was published on April 20, 2024.

What is this episode about?

Business Owner or Self Employed? Wish you could more $ away in your retirement accounts? Now You Can! A Cash Balance Plan is a type of pension plan that allows business owners to contribute 30% - 50% more to a retirement plan. The max in your...

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