Experienced, caring, hands-on, thorough and client-focused…
JC Actuarial Benefit Consultants, Inc. helps clients across the commercial and professional spectrum mitigate tax burdens and build strong retirement strategies.
Case Study 1: Manufacturing Company
Custom profit sharing solution maximizes owner contributions and defers substantial tax liability
Vehicle: Profit Sharing Plan
Challenge: Recently, three owners of a small manufacturing company were looking for the proper way to reduce their taxes, save for retirement, and provide a meaningful benefit to a specific group of employees.
Case Study 2: Medical Group
Custom solution yields healthy prospects for retirement planning.
Vehicles: Profit Sharing Plan and Cash Balance Plan
Challenge: The owners of a small medical practice sought to amend an existing profit sharing plan so that they could maximize their annual contributions without incurring a corresponding percentage increase in employee contributions.
Case Study 3: Law Firm
Strategy + execution = max. tax savings today and tomorrow.
Vehicles: Safe-Harbor 401(k)/Profit Sharing Plan and Defined Benefit Plan
Challenge: The partners at a mid-size law firm realized that their existing 401(k) plan didn’t allow them to maximize their own annual contributions because their employees were not contributing an adequate percentage to the plan.
Case Study 4: Self-Employed Solo Practitioner
Maximized deduction yields significant tax deferment.
Vehicles: Defined Benefit Plan and 401(k) Profit Sharing Plan
Challenge: Our client, a professional solo practitioner, earned an annual salary in excess of $500,000 and contributed $54,000 each year to his existing Simplified Employee Pension plan (SEP). However, the client’s accountant believed that the SEP did not provide the client with the greatest possible tax savings.