Defined Benefit Plan Blog Topics

This article has been updated for 2024. Defined Benefit Plan Due Dates Defined Benefit Plans have several deadlines. To receive favorable tax treatment and avoid penalties, you must meet these due dates in a timely fashion. What deadlines must you be aware of with a Defined Benefit Plan? We discuss these deadlines below in more […]

This article has been updated for 2024.   A side business provides a great opportunity to save for retirement. In fact, a business owner may be able to save and deduct most or all side business income using a Defined Benefit Plan. SEP and 401(k) Plans significantly limit retirement contributions. Defined Benefit Plans, on the […]

This article has been updated for 2024. If you run a business, a Personal Defined Benefit Plan could save you tens of thousands of dollars (or more). How do you know if a Personal Defined Benefit Plan is right for you? What are the advantages of setting up a Plan? These are the questions we’ll […]

This article has been updated for 2024. If you are self employed or a small business owner, a Defined Benefit Plan is a powerful tool. In fact, in the right situation, there is no other tool quite like it. Here are 14 reasons to set up a Self Employed Defined Benefit Plan in 2024: Schedule […]