Medium-Sized Firm

After 15 years of growing a small business from a garage to a sophisticated operation exporting internationally, four partners set their sights on getting prepared for retirement. All had invested heavily in growing the firm and felt significantly behind in their retirement savings goals.

FuturePlan added a Cash Balance plan to the 401(k) Profit-sharing plan currently in place. This action allowed the partners significantly higher contribution limits and the opportunity to squeeze 20 years of savings into 10.

With these new limits, the partners could contribute 75% to 150% more to their savings plans. (e.g. $226,500/year for a 55 year old). Now, all four partners have the reassurance of knowing they can retire very comfortably by age 65 or sooner.

Do you have clients or prospects looking to accelerate retirement savings and reduce their tax burden? To receive a Cash Balance Overview with one of our dedicated FuturePlan Cash Balance experts, fill out this quick form here. 


Retirement Plan Illustration – 2021

*This illustration shows only the cost to the group.
Staff employees and others pay for their own 401(k) contributions.