Case Studies

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

Custom profit sharing solution for a manufacturing company 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

Custom profit sharing and cash balance solutions for a medical group yields healthy prospects for retirement planning.

Vehicles: Profit Sharing Plan and Cash Balance Plan

Challenge: The owners of a small medical practice amended an existing profit sharing plan to maximize their annual contributions without incurring a corresponding percentage increase in employee contributions.

Case Study 3

Strategy + execution = max. tax savings today and tomorrow for a law firm.

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

A self-employed solo practitioner maximized deduction yielding significant tax deferment.

Vehicles: Defined Benefit Plan and 401(k) Profit Sharing Plan

Challenge:A professional solo practitioner earned an annual salary in excess of $500,000 and contributed $55,000 each year to his existing Simplified Employee Pension plan (SEP). However, their accountant believed that the SEP did not provide the greatest possible tax savings.