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Pension Plans-National Consultants since 1996

Our consulting services focus on wealth accumulation and preservation in order to lead our clients to financial independence and early retirement. A custom-made profit sharing or retirement plan will often provide the primary means to achieving financial freedom early in life. We are qualified to handle many types of pension plans that can be customized to fit the needs of your organization, including:

  • Defined Benefit Plans
  • Traditional Defined Benefit Plans
  • Split-Funded Defined Benefit Plans
  • Cash Balance Plans
  • Cross-Tested Defined Benefit Plans
  • Defined Contribution Plans
  • Pro Rata
  • Integrated
  • Pure Age
  • 403(b) Annuity Plans
  • 401(k) Plans
  • Safe Harbor Non-Elective
  • Safe Harbor Match
  • Safe Harbor Enhanced Match
  • Traditional Match
  • Roth 401(k)
  • Simplified Employer Pension (SEP)
  • Savings Incentive Match Plans for Employees (SIMPLE)
  • Combination Plans
  • Aggregate DB/DC Plans Tested Together
  • DB and DC Separate Plans Not Tested Together

A Variety of Options for Every Situation

Each one of these options has multiple variations that must be considered when designing your plan. Carlos B. Pargas & Associates, P.A., CPAs can help you select the best plan for your specific circumstances. Our pension consulting services provide custom-made designs that have brought financial success to many of our clients in the Miami area. These plans offer benefits such as asset protection, tax-deductible contributions, tax savings, financial independence, and tax-deferred wealth accumulation.

Penalty Waivers for Missed IRA Payouts

If you fail to take a required minimum distribution (RMD) from a retirement plan, you'll be facing a penalty of 50% of the required withdrawal. However, if you can provide evidence of a good reason for this failure and that you have taken the appropriate steps to make the withdrawal, the IRS may grant you a penalty waiver. If you believe you are a candidate for this type of waiver, please call us today.

Build the Best Plan for Your Business

Although it could fluctuate with forces in the marketplace, you could easily bring your retirement account close to $1,500,000 over a 10-year period. One-third of the annual funding for a custom-made plan comes directly from tax savings and the rest of it comes from the employer or owner, depending on a wide variety of circumstances. Come to us to revise your current plan or design a brand new one.