Welcome to the Concert CPA podcast! I'm your host, Jackie Meyer, and today, In this episode, join me with David Podell, a seasoned expert in defined benefit plans with over 20 years of experience.
Discover the exciting side of defined benefit plans—a powerful tool for high net worth entrepreneurs. David, a preferred vendor in Tax Plan IQ, breaks down the complexities, making it accessible and valuable.
Explore real-life cases showcasing substantial tax savings through customized plan designs. Learn about front-loading contributions, combination plans, and the potential for six-figure tax savings. David emphasizes simplicity, efficiency, and customization for optimal results.
What you'll hear in this episode:
[03:16] Discusses about Defined Benefit Plan
[06:11] Age Considerations and Contribution Opportunities in Defined Benefit Plans.
[09:42] Contributing to Defined Benefit Plans at Different Ages.
[13:33] Cost in efficient Sale
[18:48] Explanation of the 401(h) component within the plan.
[28:00] Secure Act and Funding Opportunities
[30:30] Books and Resources
Ready to supercharge your retirement planning and discover innovative tax strategies? Tune in now!
#DefinedBenefitPlans #TaxStrategies #RetirementPlanning #ConcertCPAPodcast
Connect with David Podell on Website businessbenefitsconsultants.com
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