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.