Business Owners do you pay too much in taxes?

Strategies and Tactics for Business Owners

  • Reduce your Taxes
  • Protect your Business
  • Build Serious Wealth

How Business Owners can Reduce Taxes and Build Wealth

  • Maximize your tax deductions
  • Make significantly larger contributions (401k, set IRA plans, etc.)
  • Defer taxes on growth
  • Receive the lion share of the funds
  • Reward your employees
  • Predictability of your benefits and income in retirement

The Problem:

  • Most business owners are not effectively using retirement plans
  • “Plain vanilla” solutions do little to maximize personal wealth
  • Retirement plans established mainly to attract and retain top-tier talent
  • Not to build your own wealth, but your employees

The solution is an alternative approach to traditional retirement plans

  • Provides a Lifetime Retirement Benefit
  • Provides a death benefit
  • Significantly Larger contributions
  • Keeps pace with inflation and grows income tax free
  • Protected from the claims of creditors

Case Study (Hypothetical)

  • Two owners- Brothers 51 and 44
  • 11 Employees (including the Brothers)
  • Current Plan: 401K (Defined Contribution Plan)
  • Solution: Specialized Defined Benefit Plan
  • Will tell you the benefit you have at any point of time
  • Each brother will receive retirement benefit of: $5,625,000
  • Benefits continue for their spouses if they pass-away
  • Each Brother is provided a life insurance benefit: $1,875,000
  • Year 1 Contribution Comparison:
  • Plan type: 401K w over 50 years old catch up provision
  • Maximum contribution: $25,000
  • Tax Savings: $12,500
  • Plan type: Specialized Defined Benefit Plan
  • Maximum Contribution: $9,888,847
  • Tax Savings: $494,424

Want to ensure you don’t have any gaps or missed opportunities in your wealth planning? Click here to “Stress-Test” your current plan FREE.

Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Gold Family Wealth, LLC), or any non-investment related content, made reference to directly or indirectly in this newsletter will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this newsletter serves as the receipt of, or as a substitute for, personalized investment advice from Gold Family Wealth, LLC. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Gold Family Wealth, LLC is neither a law firm nor a certified public accounting firm and no portion of the newsletter content should be construed as legal or accounting advice. A copy of the Gold Family Wealth, LLC’s current written disclosure statement discussing our advisory services and fees is available upon request. If you are an Gold Family Wealth, LLC client, please remember to contact Gold Family Wealth, LLC, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services.

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