Cinder Insights
“An investment in knowledge pays the best interest.”
— Benjamin Franklin
Social Security Planning for Business Owners
“Can I Just Raise My Salary at 60 to Max Out Social Security?” A Closer Look at S-Corp Wages and Retirement Strategy A client recently asked whether their CPA was right: They’ve been taking low wages from their S-Corp for years to reduce payroll taxes. Now that they’re turning 60, they want to increase their…
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Summer’s Coming—Is Your Financial House in Order?
If you’re like me, chances are your summer calendar is already filling up — travel, family time, maybe even a long-overdue digital detox. But before you slide into vacation mode, it’s worth hitting pause to check in on your financial life. Here are five smart moves to consider before you sign off for summer: 1. Revisit Your…
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Cash Balance Plans, Part Four
Part 4: Advanced Strategies and FAQs About Cash Balance Plans By now, you know the basics of how cash balance plans work and how to set one up. But what about the edge cases — when income drops, your business evolves, or you’re planning an exit? Let’s dive into the real-world questions business owners and…
Cash Balance Plans, Part Three
Part 3: Setting Up and Maintaining a Cash Balance Plan You’ve learned what a cash balance plan is and how it works. Now let’s talk about what it actually takes to set one up, what it costs, and how to keep it running smoothly year after year. Spoiler: It’s not as complicated as it sounds…
Cash Balance Plans, Part Two
Part 2: How a Cash Balance Plan Works In Part 1, we introduced the cash balance plan as a powerful retirement and tax-saving tool for high-income earners and business owners. Now let’s dig into how these plans actually work — the mechanics behind the scenes that make them so valuable. The Basic Structure A cash…
Cash Balance Plans, Part One
If you’re a successful business owner or high-income professional looking to lower your tax bill and supercharge your retirement savings, a cash balance plan might be the most powerful tool you’ve never heard of. What Is a Cash Balance Plan? At its core, a cash balance plan is a type of retirement plan — technically…