The Holy Grail of Tax Deferral: Cash Balance Plan

Money Mastery Unleashed Podcast Newsletter

Episode: The Holy Grail of Tax Deferral

Welcome to another exciting edition of the Money Mastery Unleashed podcast newsletter! This week, we dive into a fascinating discussion on advanced tax deferral strategies tailored for business owners. Hosted by certified financial advisor Adam Olson, this episode features a special guest, Luke from Mutual of Omaha, who shares his expert insights on cash balance plans.

Watch the video Here.

Or Podcast Here.

Episode Highlights:

1. Introduction to Cash Balance Plans:
2. Benefits for Business Owners:
3. Employee Advantages:
4. Real-Life Example:
5. Implementation and Considerations:

Weekly Challenge: Evaluate Your Retirement Plan

This week, we challenge you to take a closer look at your current retirement savings strategy. Here are some steps to get you started:

1. Review Your Contributions:
2. Consult with Your Financial Advisor:
3. Engage Your CPA:
4. Educate Your Team:

Stay Connected

We hope you found this episode enlightening and the weekly challenge motivating. Remember, creating generational wealth and achieving financial freedom requires continuous learning and proactive planning. Stay tuned for more episodes packed with valuable insights and practical tips.

For more information on cash balance plans and to connect with our guest, Luke, visit the links provided in the episode description.

Until next time, keep mastering your money!

Best regards,

Adam Olson?

Host, Money Mastery Unleashed Podcast

"One of the more lucrative aspects of a cash balance plan is the ability to put away six figures plus, which is significant for high-income earners looking for tax-efficient savings." - Luke Terhark

Key Takeaways:

• Overview of 401(k) and Defined Benefit Plans
• Cash Balance Plans
• Benefits of Cash Balance Plans for Business Owners and Employees
• Tax Planning and Future Strategies

Learn more about Luke Terhark by visiting the following links:

Facebook

LinkedIn

Learn more about Adam Olson by visiting the following links:

Facebook

Personal Website

Business Website

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Investing involves risk, including loss of principal.??

?Be sure to understand the benefits and limitations of your available options and consider all factors prior to making any financial decisions.? Any strategies discussed may not be suitable for everyone.?

Securities and advisory services offered through Mutual of Omaha Investor Services, Inc. Member FINRA/SIPC.? Adam Olson, Representative.? Mutual of Omaha Investor Services is not affiliated with any entity listed herein.?

This podcast is for educational purposes only and may include references to concepts that have legal and/or tax implications. Mutual of Omaha Investor Services and its representatives do not offer legal or tax advice. The information presented is subject to change without notice and is not intended as an offer or solicitation with respect to the purchase or sale of any security or insurance product.

Mutual of Omaha Investor Services and its various affiliates do not endorse or adopt comments posted by third parties.? Comments posted by third parties are their own and may not be representative or indicative of other's opinions, views, and experiences.

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