Benefits
SECTION 3
Components
SECTION 4
For More information, please call
1-407-243-8760 x 103
412(i) fully insured defined benefit plans
A 412 (i) Defined Benefit plan is a retirement that generates the highest possible tax deductions for business owners who are over age 40. It favors those with the least number of years to save for a comfortable retirement, and the benefit provided is a guaranteed lifetime income.
Features
· Tax-deductible contributions
· Largest plan tax deduction by law
· Older the age of the participant, larger the deduction
· Assets grow on a tax deferred basis
· Benefits are guaranteed
Benefit Limits
· Annual benefit cannot exceed lesser of :
1. $160,000 (2002)
2. 100% of average compensation for highest 3 years
Ideal Business Situation
· Small business or professional firm
· Owner looking for retirement or estate planning solutions
· Buy/Sell agreement funding
Plan for your
retirement while you are at
your maximum potential
The 412 (i) is the
best defined plan with highest
possible tax benefits
A Plan with a Vision
Your retirement years would be as fun
as you want to be!