Business Owner Retirement Funding Program
Let us jump start your retirement funding
BBS Authority works with many businesses to facilitate individualized, personalized and proprietary retirement programs. One of the more powerful approaches we use is a front-loaded retirement program, called the Integrity Retirement Program (IRP). IBSP creates this program. While there are many nuances to the methodologies behind the working parts of this structure, the IRP is merely different. It is a tool through which a business owner may have the ability to drastically advance their wealth accumulation relative to their retirement planning efforts in a highly tax-advantaged manner.
This methodology, when applicable, gives business owners the opportunity to take a tax deduction relative to their participation. Moreover, this can also grow their wealth tax-deferred and make distributions out of this retirement planning medium tax-free. Additionally, it jump starts their retirement by advancing massive amounts of capital in their program for them, with the goal of realizing superior gains as a result of having more money working for them. This process lends itself to having the ability to generate more massive nest egg that one may distribute on a tax-free basis.
There exist two additional iterations of this platform to accomplish further goals.
Wealth Transfer: The retirement funding program guarantees cost-effectiveness and powerful which yields noticeable results. With the help of this, you can transfer massive amounts of wealth to your heirs, charity, school or foundation.
Estate Plan: Engage in estate planning utilizing the benefits of your business. By doing so, we can accomplish the most cost-effective ILIT in existence
Qualified Plan Rescue: By redirecting participating funds, the opportunity exists to generate a structure that results in tax-free distributions. With the help of this, we may apply against taxes due on distributions out of a qualified plan
Business Exit Planning: Assuming front loading ability, it provides a massive benefit to the business seller and buyer at sale
Key-man & Buy/Sell: With the insurance contained within the structure, one can use it as a wealth accumulation medium and address insurance needs simultaneously