A Cash Balance Plan may be ideal for your company or firm if it falls into any of the following categories:

1. Highly profitable companies of all types and sizes

• Usually indicated by the owner’s desire for a larger tax deduction.
• Principals earning more than $260,000 per year.

2. Family businesses

• A Cash Balance Plan can be used as a component of succession planning.

3. Closely-held businesses

• Several owners want a greatly enhanced retirement plan.

4. Law firms of all sizes

• Tax deferral and asset protection are often very important to this profession, along with a highly competitive retirement package to help attract and retain top talent.

5. Medical groups of all sizes

• Tax deferral and asset protection are often very important to this profession.

6. Professional firms of all types

• CPAs, engineers, architects, financial services firms, dentists, management consultants and others.

7. Older owners who have delayed saving for retirement

• They need to squeeze 20 years of saving into 10.

8. Those who highly value asset protection

• ERISA protects all qualified plan assets from creditors in the event of bankruptcy or lawsuit.

9. Those who want an enhanced benefits package for executives

• They want to attract and retain high caliber employees.

10. Sole proprietors with income exceeding $260,000 per year

• All entity-types apply.