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Step Up Your Retirement
If you're a business owner looking to put away a considerable amount of money for retirement, on a tax advantaged basis, a fully-insured plan might be the ideal solution.

The Fully Insured Defined Benefit Pension Plan
There still is time to save for the retirement you want! Are you a well-established business owner wondering if it's still possible to save enough for your retirement years? Are you able to set aside enough to support the type of lifestyle you want to have when you retire? Naturally you should know how much money you'll need long term - for day-to-day living as well as those extra little luxuries such: as sport, hobbies etc.

Today you can make tax deductible contributions to a 401(k) and a Fully Insured Defined benefit Pension Plan!

What is a 412(i) 412(e)3 Plan
A 412(e)3 fully defined benefit pension plan, referred to in IRS regulations as an insurance contract plan, is the only defined benefit plan that is exempt from the minimum funding requirements of Section 412 of the internal revenue code. This type of plan, therefore, enjoys certain advantages over the traditional defined benefit plan and is worth exploring if you are the owner of a small business.

Stock Market VS Fully Insured Plan Annuities

Traditional Life Insurance in a Qualified Plan
John Jones, a dentist age 40 with an income of $150,000 per year dies in an auto accident leaving a wife and two children and no life insurance. (Accidents were a cause of 112,012 deaths in 2003-2004.*)

Charles Day, age 50 a businessman with a company that has $3,000,000 in sales dies from cancer leaving 15 employees. No Life Insurance, Charles draws a $175,000 salary from the company. (Cancer (malignant neoplasm) was responsible for 553,888 deaths in 2003-2004.* )

Dr. Mahdion, a specialist in oncology, earning $500,000 a year age 55 dies, with a heart attack having no Life insurance. (Heart disease was responsible for 642,482 deaths in 2003-2004.*)

All of these people had purchased life insurance at some point in their lives and the term policies expired before their deaths. In some cases, the insurability of the person had changed, and in others they were too busy to renew their policy. What is the economic impact of not carrying life insurance?

Use of Qualified Plans in a Family Limited Partnership
Family Limited Partnerships (FLPs) are a valuable estate planning tool used to shelter assets from federal estate taxes. In addition, a qualified retirement plan established within the FLP will produce an immediate tax deduction, and support the goals of:

• protecting assets from creditors,
• provide a lifetime income for the plan participants, and
• permitting the transfer of substantial assets tax-deferred.

Moreover, the funds within the plan accumulate tax free until paid out as a retirement benefit.

Life is Short
We at Executive Benefits Design Group realize that no one plan can work for every situation, so we offer a wide range of plans that can be customized to suit the speciŽc needs of your company.

Time to Build a Successful Retirement
If you´re a business owner looking to put away a considerable amount of money for retirement, on a tax advantaged basis, a fully-insured plan might be the ideal solution.

A fully-insured plan is a defined benefit retirement plan that may allow a higher contribution, on a tax-deferred basis, than any other retirement program available todayŃpossibly more than a 401(k), a profit-sharing, or a traditional defined benefit plan.

A fully-insured plan is funded with an annuity or combination of life insurance and annuity contracts, which are fully guaranteed by a life insurance company.

Top Tier Employees
We Design and administer for Producers
• Fully Insured DeŽned BeneŽt Pension Plans
• Tradition DeŽned BeneŽt Pension Plans
• Floor-offset Plans
• Cash Balance Plans
• AMT-Offset Plans
• DB/DC Combination plans