Defined Benefit Plan & 401k
Use a Defined Benefit Plan and 401(k) to maximize contributions!
A defined benefit plan aims to provide eligible employees with a specified benefit at retirement. The benefit amount is contributed solely by the employer. It’s a specific amount that considers participants’ salaries and ages.
The Solo 401k is a special type of retirement plan for business owners (and their spouses). In many ways, the Solo 401k functions like a corporate 401k plan but allows you greater freedom to invest in what you want and contribute on your own schedule because you are your own 401k plan administrator and trustee.
Use a Defined Benefit Plan and 401(k) to maximize contributions!
A defined benefit plan aims to provide eligible employees with a specified benefit at retirement. The benefit amount is contributed solely by the employer. It’s a specific amount that considers participants’ salaries and ages.
The Solo 401k is a special type of retirement plan for business owners (and their spouses). In many ways, the Solo 401k functions like a corporate 401k plan but allows you greater freedom to invest in what you want and contribute on your own schedule because you are your own 401k plan administrator and trustee.
Use a Defined Benefit Plan and 401(k) to maximize contributions!
A defined benefit plan aims to provide eligible employees with a specified benefit at retirement. The benefit amount is contributed solely by the employer. It’s a specific amount that considers participants’ salaries and ages.
The Solo 401k is a special type of retirement plan for business owners (and their spouses). In many ways, the Solo 401k functions like a corporate 401k plan but allows you greater freedom to invest in what you want and contribute on your own schedule because you are your own 401k plan administrator and trustee.