DB Deductions & Employee Costs

[JAY21]

Periodically I get the question whether our firm has a program to run a benefits-cost analysis with illustrations showing the impact of the DB deduction (and associated employee pension costs) compared with the after-tax savings if the the small business owner just keeps the income himself and pays taxes on it. I realize this is the typical analysis many small business owners go through. Does anyone know of a good "canned" program for this (commercial or otherwise) where you could show multiple assumptions (tax assumptions and investments) and illustrations. I can do something rough in Excel but would be interested in something a little better if there is something out there. Maybe this is something we normally expect the CPAs to provide for the client but I seem to get the question fairly often.

[GBurns]

I have seen what you are loking for but I do not remember where.

I would suggest that you look to the larger insurance companies and Mutual funds that provide 401(k) and other plans etc. I think that I saw it in use as an Advanced Markets financial planning tool.