Case Studies: Owners establish a Cash Balance plan and set a contribution amount they want to fund each year, within IRS limits, based on age, income, and years in business. Owners also open a Safe Harbor 401(k)/Profit Sharing plan for all eligible employees, including themselves, and make contributions of 5-7.5% on employees’ behalf. **Assumes estimated 31% federal and 6% state tax rates. Examples are based on specific assumptions and used for illustration only.