Defined Benefit Plan: How Does it Work? (Part 2 of 2)

Episode 3 March 22, 2023 00:15:08
Defined Benefit Plan: How Does it Work? (Part 2 of 2)
Ed's Edge
Defined Benefit Plan: How Does it Work? (Part 2 of 2)

Mar 22 2023 | 00:15:08

/

Show Notes

The Defined Benefit Plan is a pre-approved retirement plan solely for business owners or self-employed individuals who want to take advantage of massive tax savings each year in order to accelerate their retirement. We discussed exactly what this plan is in our first podcast episode, but we realize there are still many outstanding questions. For example, what are the limitations? How flexible is the plan? More broadly, what exactly is one getting themselves into by utilizing this plan? In part 2 of the Defined Benefit Plan podcast, we discuss those outstanding questions, highlighting exactly how the plan works for those that qualify.

Other Episodes

Episode 8

September 07, 2021 00:30:40
Episode Cover

Cryptocurrency: An Introduction

Cryptocurrency. You’ve heard about it, maybe you even own some, but…what is it? In today’s episode we are joined by special guest Tom Aagaard...

Listen

Episode 3

September 19, 2020 00:23:39
Episode Cover

Investment Tips for a Down Market

It was up for years. And then in March 2020, the stock market collapsed.Now it’s back up, but inevitably, the stock market will go...

Listen

Episode 3

April 09, 2022 00:23:20
Episode Cover

Market Downturns

When the stock market takes a dip, it’s hard to ignore the fear that “the sky is falling.” However, investors are well-served when they...

Listen