Business 401(k) Services / Retirement Plan Options
Cash Balance for Small Businesses
- What is a Cash Balance Plan- A Cash Balance Plan is a type of retirement plan that allows business owners to contribute up to $471,500 per year.2 Contribution limits are based on the age of the owner.
- Why is Cash Balance Important- A Cash Balance Plan takes advantage of a business expense that an owner can keep, deduct from profits, and let grow tax-deferred. Owners can fund a sizable portion of retirement savings using money they would have paid in taxes.
- How Fisher Can Help- Cash Balance Plans can be complex and require a plan advisor with deep experience. Fisher is one of America's top advisory firms with experience helping business owners set up this sophisticated strategy.
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