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Defined-benefit pensions can shield more income from the IRS than a 401(k)-style defined contribution account or individual retirement account
Rich Professionals Are Using Pension Plans as a Tax Dodge
published Aug 15, 2018, 10:11:20 AM, by Ben Steverman (Bloomberg) — There’s one area where the traditional pension plan is getting new life — as a tax dodge for wealthy business owners. Pensions, also known as defined-benefit plans, can be used by doctors, law partners and wealth managers to stash