The (i) Solution – *Annual Contribution Examples Using Different Funding Methods Current Retirement Profit Age Age Sharing
Traditional Defined Defined Benefit Benefit With Life W/O Life Ins Insurance
Defined Benefit W/ Life Ins
412 (i) Funding With Life Ins
(Alternative)
30
55
$45,000
$ 31,878
$ 48,509
$74,254
$ 99,343
35
55
$45,000
$ 45,617
$ 69,097
$97,531
$133,703
40
55
$45,000
$ 68,875
$102,337
$129,147
$187,110
45
55
$45,000
$114,693
$164,901
$192,481
$285,841
50
60
$45,000
$145,935
$210,343
$256,280
$357,458
55
62
$45,000
$191,210
$265,510
$332,365
$434,778
60
65
$45,000
$187,265
$248,148
$324,536
$393,182