Description

Self-employed people and small business owners (>15 employees) are limited in how much they can save for retirement with traditional qualified plans. Another solution enables the self-employed and owners to contribute significant amounts to retirement plans (>$100k/annually), which is deductible. The funding can be split between a cash balance plan and a life insurance policy.

Presented by Wayne Hill

Target Audience

CPAs, attorneys, bankers, financial professionals and insurance professionals.

Course Objectives

• Determine if clients are behind in their retirement goals
• Recognize unique aspects of split funded plans
• Identify the right type of client for this plan

Subjects

• Reduce taxable income
• Save more for retirement
• Tax-free retirement funds
• Flexible funding

Advanced Preparation

Some knowledge of defined benefit plans is preferred.