Home  |  About  |  Contact  |  Login  |  Open an Account

Defined Benefit Plan  |  Rules  |  Contribution Limits  |  401k  |  Calculator

Defined Benefit Plan Calculator

How much can I contribute into a Defined Benefit Plan, Individual 401k, SEP IRA or SIMPLE IRA?

Using the retirement calculator below you can calculate the maximum annual retirement contribution limit based on your income. Enter your name, age and income and then click "Calculate."

The result will show a comparison of how much could be contributed into a Defined Benefit Plan, Individual 401k, SEP IRA or SIMPLE IRA based on your income and age.

Note: If you are taxed as a sole proprietorship use your NET income when using the calculator. If you are incorporated, then only use your W-2 wages when using the calculator. For example with an S corporation K-1 distributions (corporate profits) are not included in the calculation only W-2 wages.

Yearly Income
Age        Plan Year 
Choose Your
Business Type
Sole proprietorship, partnership (or LLC taxed as a sole proprietorship)
S corporation, C corporation (or LLC taxed as a corporation)
Powered by Pension Online

Learn more about the benefits of the Defined Benefit Plan


How Can BCM Help You?

Beacon Capital Management Advisors (BCM) is experienced in setting up defined benefit plans for the self employed, freelancers, entrepreneurs, independent contractors, small business owners and U.S. corporations. BCM is registered in 50 States. Complete the form below and a BCM Advisor will promptly respond to your inquiry.



*The information on this page is for informational purposes only and does not constitute, and should not be construed as, professional, legal or tax advice. To determine your individual tax situation and specific needs, please consult a professional tax advisor.

*Information contained in these sections merely highlight some benefits. There are risks involved with all investments that could include tax penalties and risk/loss of principal.