Pensions, or Defined Benefit Retirement Plans, have historically been the domain of large Fortune 100 companies and public sectors employers. Can a privately held small business (50 employees or less) create a defined benefit type plan for it’s owners and employees?

In this episode hosts Will Steih and Josh Null discuss one possible pension-like solution for small business owners to consider: a Cash Balance Plan. If you’re a small business owner with an appetite for additional savings above your 401k contribution limits, tune into this episode to learn:

- How a business owner with a fully funded 401k can layer a Cash Balance Plan on top to provide additional future retirement income. 

- How a Cash Balance Plan affects a business owner’s overall tax strategy & tax efficiency.

- How a Defined Benefit Plan can be used to fund retirement income needs above qualified plan contribution limits, particularly with highly compensated owners and employees.

Learn more by visiting our Cash Balance resource page at gulfcoastfa.com

If you would like to continue the conversation with Josh and Will, make an appointment on our website at https://gulfcoastfa.com/, or feel free to call 251-327-2124 email [email protected].