Description

Ernesto dives into a transformative financial conversation with Mark Switaj and Rohit Punyani from Fusion Strategies. They break down a little-known but incredibly powerful tax strategy that allows business owners to unlock up to $400,000 in annual tax deductions per employee through cash balance plans. Forget the limits of your 401(k) — this conversation exposes outdated assumptions and provides actionable insights for scaling profitably, saving on taxes, and creating a retirement strategy that grows with your business.

Chapters:

• 00:00:00 - Assets vs. Liabilities: The Wealth Equation
• 00:00:27 - Kicking Off Momentum Multipliers with Ernesto
• 00:00:58 - Meet Mark & Rohit: Masters of Tax Strategy
• 00:02:03 - Why Most Business Owners Miss Big Deductions
• 00:02:46 - Unlocking $400K with Cash Balance Plans
• 00:04:18 - Flexibility, Funding, and Freedom in Tax Planning
• 00:06:50 - How to Activate Your Cash Balance Plan
• 00:07:51 - 401(k) Limits vs. Cash Balance Power
• 00:13:25 - Filers vs. Strategists: Choosing the Right CPA
• 00:15:53 - Old Tax Codes, New Wealth-Building Tactics
• 00:22:24 - Action Steps That Could Save You Six Figures

Links and Resources:

• Fusion Strategies Website
• Mark Switaj on LinkedIn
• Rohit Punyani on LinkedIn
• ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Design your Growth Strategy⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
• Ernesto Mandowsky on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
• ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠MDM Website⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Congrats on getting 10% closer to unstoppable growth. Keep Moving towards your future with The Growth Scorecard by ⁠⁠⁠answering 5-questions⁠⁠⁠ about your business. See you on the next episode