Denver Business Journal (June 2008) Author: Peter F. Tedstrom, CFP®
Many small business owners are unaware of one of the last remaining tax shelters. The defined benefit retirement plan has received much less attention than more common plans, such as the SEP IRA. But highly profitable businesses should consider them. Employers can contribute more than $100,000 per year into these types of plans, which can mean considerable tax savings for business owners in the top tax bracket. Read entire article…
