|
What
kind of owners benefit:
|
•
|
All
owners but especially younger owners with older employees.
|
| • |
Also
owners who have already accrued a large benefit in a
previous defined benefit plan. |
| |
|
| The
employer who finds this plan attractive is one who: |
| • |
Prefers
to maximize the overall contributions, by either
installing this plan in conjunction with a profit sharing
or stand alone, up to the 25% of aggregate compensation. |
| • |
Can
accept that the contribution is required every year and is
not discretionary. |
| • |
Desires
to keep administrative costs lower. |
