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"CREATIVE RETIREMENT PLANNING FOR FAMILY BUSINESS OWNERS AND THEIR FAMILIES" [2019] ELECD 1426; in Zwick, A. Gary; Jurinski, J. James (eds), "Tax and Financial Planning for the Closely Held Family Business" (Edward Elgar Publishing, 2019) 168

Book Title: Tax and Financial Planning for the Closely Held Family Business

Editor(s): Zwick, A. Gary; Jurinski, J. James

Publisher: Edward Elgar Publishing

Section: Chapter 6

Section Title: CREATIVE RETIREMENT PLANNING FOR FAMILY BUSINESS OWNERS AND THEIR FAMILIES

Number of pages: 39

Abstract/Description:

This chapter explores the full array of compensation techniques available to family businesses both for family employees and other key employees. It discusses the advantages and disadvantages of non-qualified plans and qualified plans and the special rules that apply to each. Then creative planning tools available are discussed with an eye toward minimizing the tax impact of each.