On Sunday, August 8, 2021 at 5:42:48 PM UTC-7, Roger Fitzsimmons wrote:
My brother is 61 years old and looking for tax-shelter opportunities. His wife makes a lot more money than he does and they don't need his income to live on. She is a W-2 employee and he is a contractor. Can someone direct me to a source that would
outline how a defined benefit plan would work in his case? He said he plans to work another 10 years. His income is comfortably over $56K a year and comfortably under $272K, which I think are relevant numbers for this kind of plan.
https://saberpension.com/defined-benefit-plans-self-employed
The above link is in answer to your request to point you to a source and does not in anyway represent my personal view of the website owner.
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