PowerPoint Presentation

SECTION 3
Components

SECTION 4

For More Information Contact Michael Zingale

1-800-5597458

or India Network Office
 

412(i) fully insured defined benefit plans

A 412 (i) Defined Benefit plan is a retirement that generates the highest possible tax deductions for business owners who are over age 40.  It favors those with the least number of years to save for a comfortable retirement, and the benefit provided is a guaranteed lifetime income.

Features

·        Tax-deductible contributions

·        Largest plan tax deduction by law

·        Older the age of the participant, larger the deduction

·        Assets grow on a tax deferred basis

·        Benefits are guaranteed

Benefit Limits

·        Annual benefit cannot exceed lesser of :  

1.      $160,000 (2002)

2.      100% of average compensation for highest 3 years

Ideal Business Situation

·        Small business or professional firm

·        Owner looking for retirement or estate planning solutions

·        Buy/Sell agreement funding 

Plan for your
retirement while you are at your maximum potential
 

The 412 (i) is the
best defined plan with highest possible tax benefits
 

A Plan with a Vision
Your retirement years would be as fun as you want to be!