An example plan. Dana runs a one-person consulting firm. Every figure comes from the same engine as your estimate.

maxedRivera Advisory LLC Cash Balance Plan

Contributions / 2028

Choose your 2028 contribution.

Anywhere from $247,246 to $490,637 is allowed (certified by the actuary). Before you commit the cash, see what each part of the range saves in tax.

Your 2028 contribution

$386,000

Less tax, estimated
$158,097
Cost after tax
$227,903
Your last dollar saves
34¢

Tax saved on each extra dollar, across your range

Up to about $386,000, each dollar you put in saves 34¢ to 51¢ in tax this year. Past that, the saving drops to 24¢ to 29¢.

Estimates at 2026 federal and state rates, assuming business profit after your salary of $540,000. . Contributions are tax-deferred, not tax-free. Check the level with your accountant; Maxed does not give tax advice.

Money arrived in the plan’s account

  • $30,000

    May 10, 2028 · Transfer from Rivera Advisory LLC

Open plan years

  • 2027

    $234,814 required · projected, the actuary sets it after the valuation

    $180,000 recorded · $54,814 to the minimum

    Due Sep 15, 2028

  • 2028

    $247,246 to $490,637 · certified by the actuary

    $0 recorded · $247,246 to the minimum

    Due Sep 17, 2029

When the money is due

  • September 15, 2028, for 2027

    The minimum must be in the plan by then. Anything above it counts toward your 2027 deduction if it is in by the business’s extended filing date, September 15, 2028. Missing the minimum means an excise tax.

  • September 17, 2029, for 2028

    The minimum must be in the plan by then. Anything above it counts toward your 2028 deduction if it is in by the business’s extended filing date, September 17, 2029. Missing the minimum means an excise tax.