Retirement Plan Consultants
Hochheiser Deutsch & Co, Inc.
Loren D. Stark Company
Compass Retirement Consulting Group, Inc.
Trucker Huss, A Professional Corporation
Bates & Company
Carpenter Morse Group
ERISA Services, Inc.
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|Some Pension Fallacies Debunked (PDF)|
H.C. Foster & Company
Oct. 7, 2015
"Tax deferrals enable business owners and employees at all compensation levels to retain control of income that is otherwise paid to IRS for its use. Assuming a 6.0% annually compounded discount rate, $1 paid to a pension plan at age 40 rather than paid to IRS in taxes has a discounted value of $.23 when taxed as a pension distribution at age 65 for an immediate $.77 profit. Or, that $1 pays $4.29 of taxes on retirement income at age 65. This clearly debunks the notion that tax deferrals from a pension plan are of little or no value because taxes are ultimately paid on distributions at retirement."
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