Are you looking for a substantial tax deduction? If the answer is YES and you’re an independent contractor or you’re a small practice owner, then this is something you should look into.
In this episode, Dave talks about…
- What are benefit plans?
- The basics of defined contribution plan VS. the defined benefit plan
- Explanation of defined contribution plans
- Can an independent contractor or a small practice own their pension plan?
- What happens if you hire a third-party administrator to help calculate how much you can put in?
- Cons of hiring a third-party administrator
Resources Mentioned:
Contact:
What’s My Number? – (612) 284-2409
