Defer up to $338,000 Annually on a Tax-Deferred Basis
October 11, 2019
The Direct Recognition Variable Investment Plan (VIP) is a qualified retirement plan designed to optimize benefits, mitigate risk and minimize costs for Private Equity, Alternative Investment, Venture Capital, Investment Bank and Family office professionals who seek high tax-deductible contributions in excess of the defined contribution plan limits.
VIP Plan Advantages
Contributions are tax deductible
Total contributions can be as high as $338,000* per person
Plan assets are exempt from creditors
Risk of the plan becoming underfunded is mitigated
Plan contributions are known, consistent and reliable
With the risk of underfunding mitigated, the plan assets can be invested to optimize returns
Every plan is submitted to the IRS for approval**
How VIP Works
Learn why Cherry Bekaert Benefits Consulting VIP plan is the right choice for Private Equity firms.