My brother is 61 years old and looking for tax-shelter opportunities. His wife makes a lot more money than he does and they don't need his income to live on. She is a W-2 employee and he is a contractor. Can someone direct me to a source that wouldoutline how a defined benefit plan would work in his case? He said he plans to work another 10 years. His income is comfortably over $56K a year and comfortably under $272K, which I think are relevant numbers for this kind of plan.
Sysop: | Keyop |
---|---|
Location: | Huddersfield, West Yorkshire, UK |
Users: | 286 |
Nodes: | 16 (3 / 13) |
Uptime: | 91:54:20 |
Calls: | 6,498 |
Calls today: | 9 |
Files: | 12,100 |
Messages: | 5,277,846 |