Defined Benefit Plan 412(i)A 412(i) defined benefit plan enables small business owners to fund a retirement program with tax-deductible contributions without the funding limitations of a traditional qualified plan. The maximum contributions that participants can make will vary depending on compensation, years to retirement and difference in the combination of annuities and life insurance used to fund the plan.
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Owners of Stable and Successful Businesses With Significant Cash Flow
Six or Fewer Employees
Age 50 or Older
Securities offered through LPL Financial, Member FINRA / SIPC. Insurance products offered through LPL Financial or its licensed affiliates. IBC Bank and IBC Investment Services are not registered broker/dealers and are not affiliated with LPL Financial.
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|Not FDIC Insured||Not Bank Guaranteed||May Lose Value|
|Not Insured by Any Government Agency||Not a Bank Deposit|