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In this video, Toby Mathis sits down with Jeff Mason and Chris Hammond to delve into financial strategies that go beyond the conventional 401(k). Jeff and Chris, both managing directors at Redwood Retirement, bring their expertise in cash balance and defined benefit plans to the table. Want to discuss if a Redwood Retirement Cash Balance Plan Design is right for your company? 👉 Visit: https://redwoodrs.com/tobypodcast Email Jeffrey Mason & Mention This Video! 👇 Subject: "Toby Mathis - Cash Balance" 📧 [email protected] 📱 815-516-0560 | YouTube @redwoodrsllc These plans offer an incredible opportunity to save on taxes and accumulate significant retirement savings, with contributions exceeding $100,000 annually—and in some cases, even reaching over a million dollars. Tune into our podcast and learn more about what retirement could be doing for you. Until next time, good luck with your retirement plans, and be sure to join us again in the future. Download your Proposal Request form and Redwood Retirement Census Request 👇 https://app.box.com/s/1gj7513no77zy49... Show Notes: 0:00 Introduction 0:41 Guests Intro 4:17 Typical Amount to Set Aside 12:30 Potential Return 16:37 What If I already Filed For my Tax Return? 22:40 Max Contribution 24:25 Retirement Plan Example 48:05 Outro --------------------------------------------------------------------------------------------------------- SUBSCRIBE https://aba.link/subscribe ~~~~ FREE TAX & ASSET PROTECTION WORKSHOP Register for an upcoming workshop today if you want to protect your business and personal assets from snoopy lawyers and creditors. Save Your Seat: https://aba.link/10g Receive a FREE 45-minute, no-obligation asset protection strategy session on how to best protect your business and personal assets. https://aba.link/12q TAX TUESDAY LIVE Join us every other Tax Tuesday, where you can have your tax questions answered live by our experts entirely FREE. Register Now 👉 https://aba.link/b84 OTHER ANDERSON ADVISOR EVENTS Learn a rich selection of subjects like tax and asset protection, business, investing, and more. Our attorneys and other skilled experts will help you learn what you need to know in order to better your chances of success in your professional life. https://aba.link/tobyevents ~~~~ FINANCIAL PLANNING & TAX RESOURCES 📚 Order Your Copy of "Infinity Investing: How The Rich Get Richer And How You Can Do The Same" Here: 👉👉 👉 https://aba.link/IIWbook Order Your Copy of ”Tax-Wise Business Ownership" and find greater success by taking advantage of tax laws for your business. Here 👉 https://aba.link/tobyshop Visit Anderson Advisor's website for content, like articles, podcasts, and more that we publish alongside my channel. 👉 https://aba.link/tobyaba ~~~~ FOLLOW US: Instagram: https://aba.link/instagram Facebook: https://aba.link/facebook Twitter: https://aba.link/twitter LinkedIn: https://aba.link/linkedin TikTok: / tobymathisesq ~~~~ CONTACT US Phone: 800.706.4741 Email: [email protected] Fax: 702.664.0545 ABOUT TOBY MATHIS Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba --------------------------------------------------------------------------------------------------------- WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture. The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. #retirementplanning #401k #retirement