The Cash Balance Plan for Owner-Only Businesses
Let’s design your plan
Who works in your business?
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Just you, or you and your spouse? Contribute more than a solo 401(k) alone, with a potential tax deduction.
Answer the owner-only questionnaire. The next step is a review of your age, income, and plan fit, with an illustration by email.
My Pension Tree, LLC: 401(k) and cash balance plan consultants, with pension actuaries and plan administrators on the team. 25+ years of combined experience. Coral Gables, Florida.
Is an owner-only plan the right next step?
The questionnaire is the quickest way to review the fit. These three checks explain what the review is looking for.
Owner-only household
The business has no eligible employees beyond the owner and, where applicable, a spouse.
Reliable income
The contribution is a pension commitment, so the plan should be sized around income you can reasonably expect to continue.
What you are committing to
Contributions are largely required once the plan exists. It needs an enrolled actuary, an annual valuation and a Form 5500; a plan can be designed with a range and frozen if things change.
Traditional pensions are an administrative nightmare.
Disjointed emails, a distant third-party actuary, and a "black box" that leaves the owner, who is legally responsible for the plan, in the dark.
You should understand exactly how your plan works.
A dedicated in-house expert explains the design and the math, gives clear step-by-step guidance, and our platform carries the census, the proposal, the signatures and the annual filings. The owner makes the decisions; the admin headache goes away.
General information about how these plans work, not tax advice. Your own contribution depends on your age, income, and plan design, and should be confirmed by an actuary.
MyPensionTree vs traditional actuaries and TPAs.
A guided, in-house process instead of the industry's rigid, outsourced one.
Setup and administration
A dedicated in-house expert explains the design while our platform handles the census, the proposal, the signatures and the annual filings. The traditional path is hundreds of dense emails and a "black box".
Plan architecture
Direct, rapid access to the actuaries who design and test your plan, instead of slower communication, rigid rules and finger-pointing between firms.
Who you talk to
The same team runs the plan after it is set up: the annual calculations, the testing and the filings you sign.
An existing plan in trouble
Overfunded or frozen plans are reviewed for what they can be restructured into, and what the actuaries look at first.
Describes how MyPensionTree works and the traditional model it replaces. It is not a claim about any named firm.
See the plan sized to your own age and income.
Answer a few questions and our actuary reviews the design. The illustration arrives by email; a call is optional.
Request My Plan Review