Question: Answer these potential client questions: a. Can a DB plan pay the owner of a small business $210,000 (2015 indexed) per year, beginning at age
Answer these potential client questions:
a. Can a DB plan pay the owner of a small business $210,000 (2015 indexed) per year, beginning at age 60?
b. Is it true that if an individual works for a company and participates in two separate 401(k) plans (through different subsidiaries), then he or she can contribute $18,000 (2015 indexed) into each plan for a total contribution of $35,000?
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