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Podcast: Maximizing Outcomes
Episode: How Defined Benefit Plans Help Business Owners Slash Taxes and Catch Up on Retirement (Ep. 61)
Description: How Defined Benefit Plans Could Help Business Owners Slash Taxes and Catch Up on Retirement (Ep. 61)
Are you a business owner with high income—but even higher tax bills? Are you feeling behind on retirement savings?
In this episode of Maximizing Outcomes®, Jim McGovern welcomes back Tom Wyatt to unpack one of the most overlooked yet powerful tools for high-income business owners: Defined Benefit Pension Plans.
You’ll learn:
How defined benefit plans can potentially save you hundreds of thousands in taxes annually
Why these plans my be ideal for late-stage retirement catch...