The Benefits of Designer DB Plus®
Tailored Financial Security
Designer DB Plus® is not just another retirement plan; it’s a customized strategy designed to maximize your wealth while providing substantial tax benefits. Unlike traditional plans that might restrict your contributions or provide limited tax advantages, Designer DB Plus® offers you the flexibility to contribute according to your financial capacity, ensuring you can take full advantage of tax deductions.
Creditor-Protected Wealth Accumulation
Your retirement savings are more than just numbers—they are the foundation of your future security. With Designer DB Plus®, your assets are safeguarded in a creditor-protected account. This feature is crucial for high-net-worth individuals, ensuring that your wealth remains intact and protected from potential financial threats, allowing you to accumulate millions in retirement savings in less than a decade.
Comprehensive Tax-Free Health and Long-Term Care Benefits
As healthcare costs continue to rise, planning for health, medical, and long-term care expenses in retirement is more important than ever. Designer DB Plus® offers tax-free benefits for these essential expenses, giving you peace of mind knowing that your health needs will be covered without depleting your savings. This feature is particularly valuable in maintaining your lifestyle and independence throughout retirement.
Expert Guidance from a Seasoned Team
Our team comprises seasoned professionals, including Enrolled Actuaries and Chartered Retirement Plans Specialists, who bring a wealth of expertise. With their deep knowledge and experience, they ensure that your retirement plan is not only robust but also precisely tailored to your unique financial situation. You can trust that your retirement strategy is being managed by some of the best minds in the industry.
Streamlined Implementation with Third-Party Administration Services
We understand that managing advanced retirement plans can be complex and time-consuming. That’s why we offer expert third-party administration services to take care of all the intricate details. Our services simplify the process, making these sophisticated plans both affordable and easy for business owners to implement. With our assistance, you can focus on your business while we handle the complexities, ensuring a smooth and hassle-free experience.
Collaborative and Tailored Approach
We recognize that your financial situation is unique, which is why our approach is personalized and collaborative. By working closely with your CPA, we ensure that Designer DB Plus® is seamlessly integrated into your overall retirement strategy. This collaboration allows us to tailor the plan to fit your specific needs, providing a strong financial safety net that aligns with your goals.
Small Business Owners
You’ve spent years building a successful business, and as you near retirement, it’s vital to ensure your wealth can sustain the lifestyle you’ve envisioned. For high-income individuals and those with late business success, traditional retirement plans like 401(k)s, SEPs, Simple IRAs, and Solo Ks often have contribution limits that may not suffice for a comfortable retirement. These plans might not provide the financial security needed to maintain or enhance your lifestyle in retirement.
To address this, consider more sophisticated retirement strategies like Designer DB Plus®. This custom-designed plan for business owners of all types is approved by the IRS and Department of Labor. It offers substantial tax deductions and flexibility to optimize contributions based on your financial situation. With Designer DB Plus®, you can tax-deduct and save hundreds of thousands of dollars annually in a creditor-protected account, potentially accumulating millions in retirement savings in less than ten years. In many cases, this plan can also help you qualify for the elusive 20% Qualified Business Tax Deduction (QBI). Of all types
Another significant challenge in retirement is the high cost of medical expenses, which can strain financial resources.
Designer DB Plus® addresses this concern by offering tax-free benefits for health, medical, and long-term care expenses, providing an added layer of financial security. No retirement plan should be without this critical benefit.
We also work closely with your CPA to help design a plan tailored to your needs. Integrating Designer DB Plus® into your retirement planning provides a robust financial safety net and ensures peace of mind as you transition from business ownership to retirement. It’s more than just a financial tool—it’s a strategic investment in your future, allowing you to retire confidently, knowing your wealth continues to work for you while covering essential health-related costs.