As another year winds down, it is again time to reach out to high-income clients to review how the wins and loss columns are stacking up as it relates to taxes. Q4 is when these big money clients sit down with money managers— financial advisors and accountants— to crunch the numbers, review tax liabilities, and figure out how much they owe Uncle Sam.

This also when they are most receptive to creative, new tax strategies; timing is everything. It is the time for them to act like a decisive CEO; and also to save like one. They may have read last year’s WSJ article revealing former GOP presidential candidate Jeb Bush’ use of a Defined Benefit Pension Plan to save taxes.

The piece titled, “Pension Plan Cut Jeb Bush’s Taxes” details how this “little-known but perfectly legal tax strategy to set aside annual average of $350,000 for last five years,” worked for the Bushes. Here’s the full article: WSJ Jeb Bush Pension Plan.

This type of pension plan is used by savvy advisors as part of financial planning to lower the tax bills of high net worth clients. The tax strategy is most advantageous for small-business owners or self-employed professionals (think attorneys and physicians in high tax brackets) looking to save as much pretax income as possible for retirement.

The PensionQuote pension plan veterans take it a step further with sophisticated designs and approaches for maximum tax advantages, using Cash Balance Plans, and Split Funded DB Plans to help you have critical year-end conversations that will solve your clients’ tax issues. With only a couple of years since the tax increases were implemented, the initial shock may be wearing off but clients are sure to feel it again after January 1st.

Reviewing where clients stand now, and ways to mitigate these higher tax liabilities next spring, is key. Reiterating the perfect client profile for these plans:

  • Small to midsize business owners looking to save significantly more than with standard 401(k) plans
  • Law firms
  • Medical practices
  • Privately-held family businesses

Review successfully implemented plans in our Case Studies. Inquire about unique Split-funded Plans. Key components of this plan design allow for succession and estate planning, overall retirement planning, plus a tax-free death benefit for the beneficiary.

Tick tock… the clock is ticking on 2016. Connect with a plan specialist to learn about these tax strategies and implement a plan before the clock strikes midnight on New Year’s Eve. www.pensionquote.com.

About Us

We are pioneers in retirement planning, featuring tax-advantaged defined benefit pension plans as exit strategies for high net worth clients. We partner with top industry Advisers to bring their clients preferred solutions to achieve large income tax deductions.


Coral Gables, FL

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Phone: 1-800-717-4723

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Monday-Friday: 9:00am – 5:00pm

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