If you’re a small business owner, you may find that the Qualified Business Income (QBI) deduction rules are complicated. One of the newest planning issues to consider deals with a possible QBI deduction-reduction effect on retirement plan contributions that could impact how small business owners save for retirement.

Check out our flowchart to get a better understanding of how your choices affect your eligibility and contributions:

• Key QBI deduction eligibility guidelines
• QBI deduction income thresholds
• Positive impact of lower AGI
• Roth 401(k) vs pre-tax 401(k) decision points
• Mega Backdoor Roth IRA consideration

CLICK THE FLOWCHART BELOW TO DOWNLOAD YOUR COPY:

Please let us know if you have any questions about your eligibility or retirement income planning. We are here to help!

This information is intended for educational purposes, and it is not to be construed as an offer, solicitation, recommendation, or endorsement of any particular security, products, or services.