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Reduce Taxes and Accelerate Retirement Savings with a Defined Benefit Plan or Cash Balance Plan

Posted by Joheb Ahmed
2
Jan 22, 2018
8 Views
Defined Benefit Plans and Cash Balance Plans can provide significantly larger retirement contributions, Defined Benefit Plans and Cash Balance Plans are both qualified retirement plans under Section 401(a) of the Internal Revenue Code. Being “qualified” means contributions are tax deductible and assets grow tax deferred while they are in the plan’s trust.
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