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Retirement Plan Strategies
 FLEXIBLE DEFINED BENEFIT 

Situation: Company likes the benefits provided by its defined benefit plan but feels the annual contribution commitment to be too restrictive.

Solution: Adjustments are made to provide profit sharing type contribution flexibility without creating a potential liability for the employer.

Plan Type: Defined Benefit Pension Plan

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Information is provided for review and consideration only. Please consult legal and tax advisors for practical advice pertaining to your business and personal situations.

This page was last reviewed and/or updated on Friday, July 03, 2015 05:22 PM

 

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