Are Cash Balance Plans Legitimate? What the IRS, Actuaries & High Earners Say
That’s often the first reaction when someone hears about Cash Balance Plans (CB plans): If I can defer ...
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Cash Balance Plans for Small Firms: Big Tax Savings, Minimal Staff Costs
You’ve heard about the tax benefits of a Cash Balance Plan (CB plan). Maybe your CPA has even run the numbers ...
Cash Balance Plans: What Happens If Your Income Drops?
You had a strong year. The numbers were up, cash flow looked solid, and your CPA said it was the perfect time ...
How Flexible Are Cash Balance Plan Contributions? Here’s What You Need to Know
You just wrapped up a record-breaking year. Income was high, profits were strong, and now your CPA is telling ...
What Does It Take to Set Up a Cash Balance Plan?
You’ve probably heard that Cash Balance Plans (CB plans) can be a powerful way to reduce taxes and accelerate ...
Cash Balance Plans vs Traditional Defined Benefit Plans: What CPAs Need to Know About Today’s Retirement Plans
For many CPAs, a Defined Benefit Plan (DB plan) brings up one thing: headaches. Maybe you’ve seen clients ...
Why Your CPA Hasn’t Mentioned a CB Plan & Why It’s Not a Bad Idea
If you’re a law firm partner earning a high income, chances are you have a long-standing, trusted ...
What Retirement Plans Are Available Beyond the SEP IRA or 401(k)?
You’ve followed the standard advice—set up a SEP or 401(k), contribute the maximum, maybe add in profit ...
5 Ways Law Firm Partners Can Take More Money Home Without Triggering Bigger Tax Bills
If you’re like most law firm partners, you’re making good money, but it doesn’t always feel like it. The firm ...