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Defined Benefit Plan 412(i)

Get a quote for a Defined Benefit Plan

A defined benefit plan defines how much money you will receive at retirement. To determine this amount, a plan must calculate how much you need to contribute to reach your retirement goal. Therefore, with a defined benefit plan you are allowed to contribute larger amounts to ensure proper funding for your future defined benefit. These larger contribution amounts are allowed by using the guaranteed interest rate within insurance policies, allowing for much higher plan contributions than a standard defined benefit plan would allow.

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