The most popular employer-sponsored retirement plan is a 401(k). But a 401(k) can be tax- and cost-inefficient with most plans funded by market-exposed products. A fully insured defined benefit plan under 412(e)(3) can provide safety, low plan expenses, and it is more tax-efficient. Nationally recognized 412((e)(3) expert Nick Paleveda MBA J.D. explains why this plan may be a better deal than traditional 401(k)s.
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Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Both shows are sponsored by Ash Brokerage. Steve is the #1 online author and videographer of insurance content. Steve has been cited on FO... More