Seven Hills Foundation

A Salary Reduction Plan offers you two key benefits:
1. SAVE FOR RETIREMENT 2. SAVE ON CURRENT TAXES
Your earnings grow and compound tax deferred - free from current taxes. This tax savings can add thousands of dollars to your retirement account over time.
Every dollar you contribute to your account reduces your income taxes. By lowering your income taxes, you'll have more money to take home.
-

TAX BONUS IN EVERY PAYCHECK 

With Plan Without Plan
Gross income $30,000 $30,000
Salary reduction contribution $50/paycheck -0-
Total salary reduction contribution $2,600/year -0-
Net taxable income $27,400 $30,000
Taxes due (28% rate) $7,672 $8,400
Salary reduction bonus

$728/year

($14/paycheck)

-0-

The amount of income tax you save depends on your tax bracket and how much you contribute to your account. You will pay taxes on your investment when you withdraw your money through retirement.

TAKE CONTROL OF YOUR RETIREMENT FUTURE - TODAY

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