Our extensive background with Defined Benefit Plans provides us with the ability to educate our clients on the potentially significant tax benefits of utilizing this type of retirement savings plan. We’ll help you determine if your financial profile is appropriate for this type of plan, and talk through important considerations, such as contribution requirements, costs, risks, and responsibilities. We’ll also share case-studies of our use of Defined Benefit plans, and the tremendous results our clients have seen.

Our expertise in Defined Benefit plans is enhanced by our strong network of CPAs and Third-Party Administrators. This collaboration enables us to be your guide through the entire process, from initial setup and funding to ongoing investment management. You won’t be treading these complex waters alone, we’ll gladly attend meetings alongside you, with your CPA, and third-party administrator. A key advantage of partnering with Wealthstone is our continuous coordination with your CPA and TPA. This collaboration is vital for maintaining IRS compliance of your Defined Benefit plan, ensuring seamless management and adherence to regulatory standards.

Implementing a Defined Benefit plan can have profound impacts to your long-term financial plan. These plans can significantly reduce your income tax liabilities, while increasing your annual retirement savings. One of the first questions we receive from clients when discussing Defined Benefit plans is, “How much should I contribute annually to my Defined Benefit plan?” We’ll help you uncover how much you can contribute annually to your defined benefit plan by analyzing your long-term financial goals, and partnering with your CPA and TPA. Upon retirement, we’ll help you determine next-steps for your Defined Benefit plan, such as, rolling your Defined Benefit plan assets to an IRA.

Defined Benefit plans, known for their substantial annual contributions, offer a significant opportunity for rapid wealth accumulation, often exceeding $1 million in a short period of time. We understand the importance of aligning these plans with your broader financial strategy. We focus on implementing investment strategies that not only aim to meet your return targets but also maintain low expenses. We actively monitor your Defined Benefit plan investments, leveraging a blend of ETFs and Alternative Investments to realize your financial objectives effectively. During our regular, pre-scheduled reviews, we’ll review your latest investment performance reports, financial plan progress, and communicate any questions, or answers, to your CPA as needed.