Bonus 401k

What is a Bonus 401k?

With the advent of the Pension Protection Act of 2006, you can now add a 3rd layer to your 401(k) or 403(b) plan.

It's called a Cash Balance Pension Plan.

Companies such as Boeing, Coca-Cola, FedEx, Dow Chemical and other Fortune 500 companies have adopted these new plans.

And we can help your company do the same.

These plans are rapidly becoming the top choice of companies with stable cash flows- such as medical, legal, utility and professional corporations.

Higher Tax Deferral amounts, way beyond $55,000.

Cash Balance contributions are age-dependent. The older the participant, the higher the amount one can defer.

Let us run a hypothetical plan illustration and see for yourself how this plan may help you save a significant amount taxes.

Learn more about Balter Wealth Management here.

Balter Wealth Management™
182 Island Blvd. FI
Fox Island, WA 98333
Tel 253-303-0164
FAX (877) 596-5405

Read the Wall Street Journal article on Cash Balance Plans

A great way to understand a Cash Balance Plan is visualizing scoops of ice cream.

Strawberry- 401k

Vanilla- Profit Sharing Plan

Chocolate- Cash Balance Plan