Pension Plan Learning Center

 

Costello and Associates specializes in the custom design of retirement plan strategies for sole proprietors, professionals and small business owners, including:

  1.  SEP IRAs and SIMPLE Plans
  2.  Profit Sharing/401(k) 
  3.  Defined Benefit Plans
  • Defined Benefit Plans provide the biggest Retirement Plan tax deduction permitted under the tax code. We have developed a great deal of expertise in this area. Some business owners are able to take deductions in excess of $200,000 per year, using Defined Benefit plans.
  • It is very important to work with a knowledgeable professional licensed for both securities and insurance products when structuring these plans, otherwise you may not be fully informed as to the variety of Defined Benefit plan designs available to you.
  • Every plan we design includes an IRA Determination Letter, pre-approving the Plan administrator's Plan Design template.
  • We review your particular business and family circumstances with our network of CPAs and specialized ERISA tax attorneys to make sure than every aspect of your Plan meets IRS code requirements.

Call us at: (800) 577-1035, or email us by selecting the following link: CONTACT ME

HOW BIG A DEDUCTION DO YOU QUALIFY FOR??

Traditional Defined Benefit Plans:   This type of DB plan permits plan assets to be invested in various types of investment vehicles.

412(i) Defined Benefit Plans:   This type of DB plan provides the largest individual retirement plan deduction permitted under the tax code, and requires the use of products with guaranteed* minimum rates of return.

*Guarantees are provided through fixed life insurance and annuity products and are dependent upon the claims-paying ability of the issuing company. 

Doctors/Dentists!! Click on the following link to see an article on Pension Plans published in the highly respected journal Medical Economics:

http://www.memag.com/memag/article/articleDetail.jsp?id=112458

 

Pension Administrator of Choice:

National Retirement Plan Advisors

 

Click on the following link for a Data Collection form which can be printed and faxed to us at: (415) 520-0299:  

Data Collection Form

Fax (or email) the Data back to us and we will email you a complimentary preliminary estimate within 24 hours!