What amount can I contribute to the plan and for what timeframe?

There are many variables that must be evaluated to properly answer this question. While the minimum contribution is $100K per year for five years, the maximum contributions can range as high as $400K+ annually. Contribution amounts can vary based on the following variables: participant's age, income, corporate structure, number of employees, insurability and ratio of life insurance vs. annuity. If you are seriously considering a 412(i), the Hartwood Group would be pleased to determine your allowable contribution, tax savings and return on investment.