Hank is able to reduce his taxable Schedule C income to $83,207 while contributing more than $129,604 to a qualified retirement plan (fully deductible). This plan will accumulate over $1,300,000 on a guaranteed* basisat Hank's projected retirement age of 65.

Hank could further reduce his taxable income, increase his tax deduction and provide more protection for his family by adding an insured death benefit to this plan. Hank is able to reduce his taxable Schedule C income to $73,556 while contributing more than $129,000 to a qualified retirement plan. This plan will accumulate over $1,300,000 on a guaranteed* basis at age 65. The plan also provides an insured death benefit of over $2,600,000 should something happen to Hank before reaching age 65.

*Guarantees are dependent on the claims-paying ability of the issuing company.


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