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Went after a small company last year, only 6 employees but they do $15mm annual revenue. Owners were w2 $50k and then taking a $1mm k1 each year. We set up the plan with profit sharing and a cash balance and they can now defer $275k each in to the plan and save roughly $100k a year in taxes
Yes
All the time
Anyone care to share a recent success story
Can you discriminate with a cash balance plan?