Sunil is 43 years old, married, and the owner of a thriving Software Engineering firm. Sunil has five employees, and they file as an S Corporation. As a result, he nets approximately $ 865,000 after expenses.
Sunil wants to pay lower taxes, ensure he has enough retirement savings to maintain his lifestyle, and be prepared for the high cost of medical and health care in retirement.
Designer DB Plus™ Defined Benefit Combo Plan.
As an owner of a pass-through entity, it is crucial to reduce the Net Operating Income to qualify for the Qualified Business Income Deduction (Section 199A) for up to an additional 20% of his Qualified Business Income
*Please consult your tax advisor; RAS does not provide Tax advice.