Business Owner's Tax Savings Plans

Business Owner's Tax Savings Plans

Business Owner's Tax Savings Plans

Are you a business owner looking to increase your tax deductions and prepare for retirement? Let us help with tax-qualified plans for small businesses. Whether you run a restaurant or your own medical practice, expenses can add up fast, including taxes. You have options! We can help you protect your financial future with a retirement plan for you and your small business. 

We offer a full range of plans:

  • Fully-Insured defined benefit plans
  • Cash balance plans
  • 401(k) defined contribution plans
  • Profit sharing plans
  • TWA Gold Tax Plan

TWA Gold Plan

1. Business receives a tax deduction and the life insurance on the business owner(s) or key employees is purchased

pretax. So the business owner receives a tax deduction for buying life insurance they can quickly access tax-free.

2. Funds a key-man insurance or buy-sell agreement using untaxed dollars.

3. Creates large Tax-Free Income for the Business owner. Tax-Free funds can be quickly accessed. The collateral for

Tax-Free Income is the Death Benefit and Cash Value of a life Insurance policy using funds that are tax deductible.

Owner also receives Tax-Free Terminal, Chronic and Critical funds if they have a qualifying medical issue.

4. Funds an Employee Retirement plan. This can be in addition to an IRA or 401k.TWA Gold creates a true win-win.

5. Creates a superior exit strategy for the business owner which enables the business owner to retire years sooner.All of these can be custom-designed to help give you the largest permissible share of total contribution, as well as tax deductions for your business.

Areas Covered

San Francisco Bay Area

Get in Touch

Office location

San Jose, California

Send us an email

[email protected]
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At GLM Insurance Service, our experience in health, life, disability, guaranteed income and supplemental insurance coverages allows us to provide the very best coverage at the lowest price possible. Fill out the form below and one of our employee benefit experts will be in touch with you shortly to schedule a free consultation.