Cash balance plans can be a powerful tax and retirementplanning tool for the right business owner, but they’re more nuanced and more of a commitment than most people realize.

In this episode, Lloyd and Melissa break down how a cashbalance plan works alongside a 401(k)/profit sharing plan, how retroactive setup works, and what it actually takes to implement it correctly with the right providers and compliance steps.

If you’re a high-income business owner with steady cash flowand you’re looking for a way to accelerate retirement savings while lowering taxes, this episode will help you understand whether a cash balance plan is worth exploring and what it truly takes to do it correctly.

(Educational discussion only – please talk to your plan professionals about your specific situation.)

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⁠⁠⁠⁠Melissa Terito⁠⁠⁠⁠⁠

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Lloyd Johnson⁠⁠⁠