Monthly Archives: October 2020

Feature Image

Episode 8 – Why don’t you have a tax deductible Segregated Asset Plan?

Business owners: how would you like to put away six figures and get a tax deduction for doing so? 

In this episode, J. Barry Watts dives into segregated asset plans (SAPs), revealing the tax and financial savings you could gain as a business owner for retirement. Discover how your entire family can benefit from this type of plan and the incredibly low tax rate that comes with it.

In this episode, you will learn:

  • What an SAP is and how you can take advantage as a business owner
  • How an SAP could benefit your business
  • How your taxes could be reduced if you utilize an SAP
  • The benefits for your family and your business
  • And more!

Tune in to discover the details of SAPs and how they could save you huge money in taxes!

Resources: | J. Barry Watts 

Feature Image

Episode 7 – The Insider’s Guide to Big Retirement Tax Deductions for Business Owners

Would you like to be able to make a hefty tax deductible contribution to your retirement plan this year? 

Today, Barry Watts and Eric Burlison discuss tax deductions, introducing many ideas and processes when it comes to putting money into your own plan as a business owner. 

In this episode you will learn:

  • What a tax credit is and how it differs from a tax deduction
  • The different types of retirement planning
  • What a cash balance pension plan is and how it works
  • The difference between a defined benefit plan and a defined contribution plan
  • And more!

Tune in to discover how you can receive big deductions when putting money into your own retirement plan as a business owner! 

Resources: | J. Barry Watts