Saving for retirement?

Consider this hidden gem.

For high-net-worth business owners, a cash balance plan provides strategic tax-friendly saving options for retirement. Book a free consultation today to learn more.

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You worked hard for your wealth.

Build Wealth that Lasts Generations

Save Time

We don’t gamble with your future. When you entrust our wealth management team with your retirement planning, you get comprehensive financial planning that accounts for life changes, market drops, and other unexpected variables.

We don’t gamble with your future. When you entrust our wealth management team with your retirement planning, you get comprehensive financial planning.

Reduce Stress

The right financial plan starts with the right foundational knowledge. At SG Wealth, we make sure you are always kept fully informed of your options. You deserve to know exactly what your money can do for you.

The right financial plan starts with the right foundational knowledge. At SG Wealth, we make sure you are always kept fully informed of your options. You deserve to know.

Build Wealth

When it comes to wealth management, trust isn’t given – it’s earned. That is why we go above and beyond to provide you with transparent, trustworthy financial planning solutions that help position your family for generations of continued success.

When it comes to wealth management, trust isn’t given- it’s earned. That is why we go above and beyond to provide you with transparent,  financial plans. 

What is a 401K?

A 401K is a collective retirement savings account that is sponsored by a business. Employees contribute a portion of their salary into a tax-friendly account that can be drawn from in retirement. Employers may also make matching contributions.

This money is only taxed when it is withdrawn in retirement, meaning that employees pay less income tax during prime working years.

A 401K is a collective retirement savings account that is sponsored by a business. Employees contribute a portion of their salary into a tax-friendly account that can be drawn from in retirement. Employers may also make matching contributions.

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What is a Cash Balance Plan?

A cash balance plan is an IRS-qualified defined benefit plan that helps high-net-worth business owners save for their retirement. The tax benefits are similar to a 401K, but the annual contribution limits allowed are much higher.

For high-net-worth individuals, a 401K might not be enough. A defined benefit plan can save upwards of $100,000 a year in taxes.

A cash balance plan is an IRS-qualified defined benefit plan that helps high-net-worth business owners save for their retirement. The tax benefits are similar to a 401K, but the annual contribution limits allowed are much higher.

Both options are great, but they are even more beneficial when paired together.

The primary advantages of both a 401K and cash balance plan are similar – members pay no taxes while contributing as high-income earners…then pay lower income taxes when the money is withdrawn in retirement.

The two main differences are a) who can participate and b) how much they can contribute. The cash balance plan includes only employer assets and can generate 4x more tax savings than a 401K for business owners.

The primary advantages of both a 401K and cash balance plan are similar – members pay no taxes while contributing as high-income earners…then pay lower income taxes when the money is withdrawn in retirement.

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Cash Balance Plan Checklist:

A 401K and cash balance plan are not mutually exclusive – many business owners choose a combination plan that includes a 401K and a cash balance plan.

This provides business owners with tax savings that can be used to retain employees and make key business purchases today while providing employees and employers alike with a better retirement plan for the future.

A cash balance plan is not for everyone, but if you fit the above criteria it could save you thousands in tax payments and significantly boost your income in retirement.

This provides business owners with tax savings that can be used to retain employees and make key business purchases today while providing employees and employers alike with a better retirement plan for the future.

This provides business owners with tax savings that can be used to retain employees and make key business purchases today while providing employees and employers alike with a better retirement plan for the future.

A cash balance plan is not for everyone, but could save you thousands in tax payments.

Ready to discuss your options?

Call us at 480-597-1743 or follow the link below
to schedule a free consultation with one of our
fiduciary wealth management advisors.

Generational Wealth Starts With The Right Management

Generational Wealth
Starts With The Right Management

Call us at 480-597-1743 or follow the link below to schedule a free consultation with one of out fiduciary wealth management advisors.