Tax Reduction & Credit

Tax reductions and credits

Employer Benefits

Estimated tax reduction

Employee Benefits

With a modest 6% return over a 10-year period, the employees' pooled value in the retirement plan.


Like many small businesses, they faced the challenge of offering a competitive retirement plan that would not only attract and retain talent but also provide significant tax benefits for the owner. The company needed a solution that would maximize savings for both the employees and the owner while minimizing the administrative burden.


Our team worked closely with them to develop a customized retirement plan tailored to their unique needs. By implementing a carefully designed plan, the company was able to take advantage of substantial tax deductions and credits.

For the owner, the retirement plan resulted in an estimated tax reduction of $11,682 based on a 35% tax rate. Additionally, the owner was able to secure tax credits amounting to $13,686. In total, the owner's estimated total tax reduction and credits amounted to an impressive $32,204.

The employees also gained significant benefits from the new retirement plan. With a modest 6% return over a 10-year period, the employees' pooled value in the retirement plan is projected to reach $439,943. This substantial sum demonstrates the power of a well-designed retirement plan in securing the financial future of employees, even in a company with a high proportion of part-time workers.

Their story highlights the transformative impact that a expertly crafted retirement plan can have on a small business. By partnering with our firm, the company was able to unlock substantial tax benefits for the owner while simultaneously providing a valuable benefit to their employees.

If you're a small business owner looking to maximize your tax savings and provide your employees with a secure retirement future, we invite you to schedule a free, no-obligation consultation with our team of retirement plan experts. Let us help you navigate the complex world of retirement planning and create a customized solution that meets your unique needs. Contact us today to take the first step towards transforming your business's retirement plan.

Company Profile

A thriving small business with 80 employees, primarily consists of part-time workers with an average salary of $21,000.