Fully Insured Pension Plan
Don't Pay Taxes Build Your Retirement With This Plan... I.R.S Approved!
Introduction and Real Case Studies
To A Tax Deduction That Is Largely Missed.
Introduction 6:57
Solo Owner 1:22
Dr John 1:44
More Employees 2:53
Farmer 0:48
Big Business 1:23
Smith Medical 1:29
Advantages of a Fully Insured Defined Benefit Plan
- Guaranteed benefits (provided that annual, level premiums have been paid).
- Tax deductions.
- Larger contributions for older employees.
- Availability of life insurance with tax-deductible premium.
Q & A
Q. Why haven’t I heard of this before?
A. Two reasons:
One, Wall Street can NOT take advantage of these plans so they don’t promote them.
Two, CPA’s do not have the specific knowledge and expertise in this part of IRC tax code 412(e)(3).
Q. What is a Fully Insured defined benefit plan?
A. It is a defined benefit pension plan whose annual contribution is calculated under the rules of IRC Section 412(e)(3). The plan is funded exclusively with insurance products.
Q. What are the advantages of life insurance in a Fully Insured defined benefit plan?
A. The advantages are:
• Tax-deductible premium
• Pre-retirement death benefit
• Income tax advantage at death
Q. How do I evaluate a Fully Insured defined benefit plan for my business?
A. We will collect census data and other pertinent information. A retirement plan proposal will be prepared based upon your objectives and funding goals.
Ray Alkalai
Insurance & Financial
📞612-217-0157
✉ray@alkalaifg.com