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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 the difference in the combination of annuities and life insurance used to fund the plan.

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Business Defined Benefit Plan Overview

    • Owners of Stable and Successful Businesses With Significant Cash Flow
    • Six or Fewer Employees
    • Age 50 or Older

    Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker/dealer (member FINRA / SIPC). Insurance products are offered through LPL or its licensed affiliates. IBC Bank and IBC Investment Services are not registered as a broker/dealer or investment advisor. Registered representatives of LPL offer products and services using IBC Investment Services and may also be employees of IBC Bank. These products and services are being offered through LPL or its affiliates, which are separate entities from and not affiliates of IBC Bank or IBC Investment Services. This site is designed for U.S. residents only. The services offered within this site are offered exclusively through our U.S. registered representatives. LPL Financial registered representatives associated with this site may only discuss and/or transact securities business with residents of the following states: Alabama, Arkansas, Arizona, California, Colorado, Delaware, Florida, Georgia, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Virginia and Washington.

    Securities and insurance offered through LPL or its affiliates are:

    Not Insured by FDIC or
    Any Other Government Agency
    Not Bank Guaranteed Not Bank Deposits or Obligations May Lose Value
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