Episode 101: What are Cash Balance Plans?

Coffee with Coker

Contenu fourni par Coker. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Coker ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.

2+ y ago 54:14

MP3•Maison d'episode

Mark Massey, a vice president with the Southern Medical Association Services, Inc., joins Mark Reiboldt to explore the concept of cash balance plans for medical practices. Mark explains cash balance plans, who is a prospect for cash balance plans, and how they work.

Podcast Information

Follow our feed in Apple Podcasts, Google Podcasts, Spotify, Audible, or your preferred podcast provider. Like what you hear? Leave a review!

We welcome all feedback from our listeners. Email us questions on any of the topics we discuss or questions about issues that interest you. You can also provide recommendations on matters for future episodes.

Please email us: feedback@cokergroup.com
Connect with us on LinkedIn: Coker Group Company Page
Follow us on Twitter: @cokergroup
Follow us on Instagram: @cokergroup
Follow us on Facebook: @cokerconsulting

Episode Synopsis

A Cash Balance plan is a type of retirement plan that allows business owners to contribute over $200,000 per year in many cases. Contribution limits are based on the age of the owner. The plan is entirely employer-funded, and the plan clearly defines the contribution/benefit formula for participants.

A Cash Balance Plan takes advantage of a business expense that an owner can keep, deduct from profits, and let grow tax-deferred. Owners can fund a sizable portion of retirement savings using money they would have paid in taxes.

Click to listen to the episode.

Extras

127 episodes

#Business #Medicine #Healthcare #MBA #Fitness #Coker #Consulting #Podcasting Education