The most powerful self employed retirement plan
Here’s how to understand defined benefit plans. IRS allows, up to limits, the amount a business owner can contribute to a plan so that at retirement, he will have enough in his plan to generate an annual income equal to the income they had while working. The annual limit for this type of self employed retirement plan in2008 is $185,000. [...]
Categories: 412i, defined benefit Tags: 412i plan, defined benefit plan, self employed retirement plan
