Wittman Business and Retirement Consultants
We would be happy to review your current situation and offer a few ideas on how to get the most out of your life insurance & retirement.
Wittman Personal Financial Consultants
We partner with the best insurance carriers to offer you a wide array of personal, home & auto insurance solutions.
Retirement Business Asset Protection Employee Protection and Retention
(workers comp, health insurance, benefits)
Business Succession Planning
We Specialize In Helping Businesses With 1 To 100 Employees
Retirement Personal Asset Protection
Education (College) Planning Longevity and Legacy Planning
Wittman Business And Retirement Consultants
Retirement Business Asset Protection Employee Protection and Retention
(workers comp, health insurance, benefits) Business Succession Planning
We Specialize In Helping Businesses With 1 To 100 Employees
Wittman Personal Financial Consultants
Retirement Personal Asset Protection Education (College) Planning Longevity and Legacy Planning
What’s Your Risk Number? Click Here To Find Out Your Risk Tolerance Instantly With The Online Risk Analyzer.
Business Owners…
Wouldn’t You Rather Keep The Money Than Give It To The IRS?
CASE STUDY # 1
Company Profile:
- Company A – S-Corp
- Contractor
- Approximate Annual Revenues = $2.5M
- Number of Employees = 4 (including owner)
- Approximate Income tax bracket of owners = 37% (2019)
Problem:
- Owners of Company are paying large amount of taxes.
ASSESSMENT DETERMINED THEY ARE PAYING TOO MUCH TAXES - Company has been utilizing a SEP retirement plan, which the IRS limits the maximum of 25% of income up to a maximum of $56,000. Owners and employees must have the same percentage (i.e. if owners give themselves 25%, they must give employees 25%). Owners are giving large amounts to employees to help reduce taxes (owners receiving 59%). Approximate Current Tax Savings = $37,185.
NOT ENOUGH ADVANTAGE TO OWNERS
Solution:
Using a little known strategy in qualified retirement planning.
Results
- Approximate new tax savings to $109,953 (additional $72,768 in tax savings)
- Advantage owners – owners receive 95% of the contribution.
Testimonials
Very Personable!
"The staff is very personable and Pete Wittman is very knowledgeable." "
Chrystal K.
A Wonderful Staff
"This business is hands down the best business I have ever dealt with. They have a wonderful staff to help and understand your coverage." "
Ryan J.
5 Stars All The Way
"TI give them 5 stars all the way. Pete and his staff are a pleasure to deal with." "
Jonathan M.
Excellent Customer Service
"Pete and the Wittman Group know how to take care of their clients. They have excellent customer service skills, I am always satisfied with the results." "
Paul C.
Pleasant & Knowledgeable
"Pete is very pleasant to work with. He has given me great advise and is highly knowledgeable." "
Danny K.
WITTMAN GROUP
Phone: (615) 567 6892
Fax: (615) 567 6902
Email: pwittman@thewittmangroup.com
LOCATION
P.O. Box 682303
Franklin, TN 37068
Investment advisory services offered through Redhawk Wealth Advisors, Inc., an SEC Registered Investment Advisor.
(The Wittman Group) and Redhawk are not affiliated.
Firm Brochure / Terms of Use / WRAP Fee Brochure / Privacy Policy / BrokerCheck
(615) 567-6892
pwittman@thewittmangroup.com
