Tax–Deductible Employer Plans

While qualified plans offer many benefits for employers, employees, and executives alike, the more highly compensated executive or business owner may find that a tax deduction today often means a hefty tax bill tomorrow.

Many high-income individuals may also find that they need to purchase personal insurance for income replacement or estate planning needs but have no way of deducting the premiums. At EPIC, we have developed a proprietary strategy for addressing these different needs at the same time.

Our tax-deductible plan is highly tax-efficient and is meant for those individuals who want to contribute $25,000 to $200,000 or more toward retirement, in addition to their existing profit-sharing, 401(k), or pension plan. The plan is flexible, allowing an executive or a partner to make contributions, even if all partners or owners cannot agree to a plan or a contribution amount.

The plan is ideal for high-income business owners or entrepreneurs with fewer than 30 employees, owner-professionals, such as CPAs, attorneys, and physicians, or other professionals or key executives who are part of a firm, such as an LLC, a C-Corporation, S-Corporation, or a Partnership.

Contact us to discuss the details of this one-of-a-kind plan.