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How much can the initial contribution To A 412(e)(3) Defined Benefit Plan be?
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Current Participants Age
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Annuity contribution
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Life and Annuity Contribution
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40
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$ 77,405
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$94,674
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45
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$108,619
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$135,183
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50
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$166,552
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$213,905
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55
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$215,941
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$296,867
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Note: The contributions above are based upon maximums for 2009 and the guaranteed annuity purchase rates, the guaranteed insurance cash values, and the guaranteed annuity accumulation rates of American National Insurance Company 412(e)(3) qualified life and annuity products. The numbers also assume the business owner at the selected ages has earnings of at least $195,000 and the normal retirement age is 62. The benefits provided are dependent upon minimum premium requirements and the claims paying ability of the issuer.
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