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Pension Plans

While traditional pension plans are becoming less common there are still cases where these plans make sense and they can lead to big tax savings for the business owner. Below is a summary of the plan features:

Type of Company No restrictions
Establish Deadline December 31st
Max EE Deferral Not applicable
Employer Contribution Actuarial Formula
Annual Admin Cost $5,000+
Investments Pooled Managed Account

Pension plans are considered “defined benefit plans” because the benefit it express as a monthly payment at some future age. For example, at age 65 you will receive $1,600 per month for the rest of your life. Where we still see these plans being used are companies with less than 20 employees, where the owner of the company has a very high level of compensation, and it looking for ways to reduce their tax liability. We have designed pension plans that have allowed each owner to contribute over $300,000 per year all pre‐tax. These pension plans can still be powerful a tool for the right type of company.

Pension Plan

Welcome To Our Virtual Retirement Plan Services

For companies located outside of the Capital Region, we designed a virtual employer sponsored retirement plan platform that allows us to offer our clients:

  • Easy Plan Setup
  • Plans Consulting
  • Low Fees
  • Flexible Investments
  • No Call Centers
  • Employee Education (if applicable)
  • Retirement Planning
  • Video Conferencing For Review Meetings

Contact Us  . . .

All of our services start with a complimentary consult. We can assist you in determining which plan is the right fit for your company.

Schedule Yours Today

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Investment advisory services offered through Greenbush Financial Group, LLC. Greenbush Financial Group, LLC is a Registered Investment Advisor. Securities offered through American Portfolio Financial Services, Inc (APFS). Member FINRA/SIPC. Greenbush Financial Group, LLC is not affiliated with APFS. APFS is not affiliated with any other named business entity. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not ensure against market risk. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and cannot be invested into directly.