Cash Balance Plan: Is It Right for Your Business?
Here’s what we discuss in this episode:
💰 Tax Benefits: Employer contributions may create meaningful tax-deferral opportunities
🎯 Best Fit: Profitable businesses with stable income may benefit most
📊 Real-Life Example: One couple contributed more than $500,000 in a strong income year
🤝 Professional Coordination: Advisors, CPAs, and actuaries all play important roles
⚠️ Trade-Offs: These plans require commitment, complexity, and careful evaluation
High-income business owners often reach a point where traditional retirement savings options start to feel limiting. Rob explains how a cash balance plan can create additional flexibility for the right business owner while still requiring careful coordination and long-term planning. He also shares a real client example showing how the strategy adapted when business conditions changed dramatically from one year to the next.
Go inside the episode:
0:00 – Intro
0:57 – How Cash Balance Plan Works
1:39 – Cash Balance vs 401(k)
2:25 – Tax Benefits
3:19 – Who This Benefits
4:40 – Real Client Example
8:43 – Investment Strategy
9:55 – Risks and Trade-Offs
11:36 – What To Bring to the Discovery Call
Helpful Resources:
Phone:
801-717-9237
Schedule your no-cost discovery meeting: https://www.axiowm.com/what-we-do
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