One Person 401(k)

The pension laws have changed...drastically!

Especially for the small one-person business or self-employed individual.

If you don't have a 401(k) plan, we can help save for retirement and reduce your taxes. If you already have a plan that has not been updated, then you really should give us a call to see how we can improve your plan. Here's why:

Plan Years Age

Salary
Before
Deferral

Max Profit
Sharing
Contribution
Max Elective
Deferral
Total
Deduction
Taxable Salary % of
Taxable
Salary
2001 50 $51,000 $7,650 $0 $7,650 $51,000 15%
2014 50 $51,000 $12,750 $23,000 $35,750 $28,000 128%

Do you need to save more for retirement?

Do you need to reduce your current income taxes?

Call us today for a FREE feasability study to see how much we can improve your current plan, or a FREE look at how a new plan can help you achieve your retirement goals. The call is on us (800) 680-5596, or click This email address is being protected from spambots. You need JavaScript enabled to view it..

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