TAX WEALTH CONSULTANT - RETIREMENT & TAX PLANNING
Retirement Tax Planning for Orange County Business Owners
Turn your retirement contributions into one of the largest tax deductions available to you. The right plan can significantly reduce your taxable income this year — and build your wealth for the future.
If you are a business owner, your retirement plan is more than a savings account — it is one of the most powerful tax planning tools available to you. Every dollar you contribute to the right retirement plan can reduce your taxable income for the year, while building wealth that grows tax-deferred. At Tax Wealth Consultant, retirement tax planning is at the center of how we help Orange County business owners keep more of what they earn. The question is not whether to save for retirement — it is which plan structure delivers the biggest tax advantage for your income and your business. Let us show you.
*2026 contribution and benefit limits per IRS Notice 2025-67. Limits are current for the 2026 tax year and adjust for inflation.
The 401(k): Flexible, High-Limit Tax Planning for Owners
For many Orange County business owners, a 401(k) — including a Solo 401(k) for owner-only businesses — is the cornerstone of retirement tax planning. In 2026 you can defer $24,500 of salary, and with employer contributions the total can reach $72,000. Owners age 50 to 59 or 64 and older can add an $8,000 catch-up (a $32,500 deferral), and owners age 60 to 63 can add $11,250 (a $35,750 deferral). Every dollar deferred is a dollar of business owner tax planning working in your favor — it can reduce your taxable income now while it grows for later. Source: IRS Notice 2025-67.
The SEP IRA: Simple, Powerful Tax Planning for the Self-Employed
If you are self-employed or run a business with few or no employees, a SEP IRA is one of the simplest ways to put serious money into retirement and reduce taxable income at the same time. In 2026 you can contribute up to 25% of compensation, to a maximum of $72,000. SEP IRA tax planning is straightforward to set up and gives you flexibility to adjust contributions year to year based on your profits. Source: IRS Notice 2025-67; IRS Publication 560.
The SIMPLE IRA: Lower-Cost Tax Planning for Small Teams
For Orange County small businesses with employees that want a retirement plan without the cost and complexity of a full 401(k), the SIMPLE IRA is an effective tax planning choice. In 2026, employees can defer $17,000, with a $4,000 catch-up for those age 50 and over and a $5,250 catch-up for those age 60 to 63. The SIMPLE IRA lets you offer a valued employee benefit while creating retirement plan tax savings for yourself as the owner. Source: IRS Notice 2025-67
The Defined Benefit Plan: The Largest Deduction for High-Income Owners
If you are a high-income Orange County business owner who wants to contribute well beyond the $72,000 defined contribution limit, the defined benefit plan is the most powerful retirement tax planning tool available. A defined benefit plan can provide an annual benefit of up to $290,000 in 2026, and because contributions are actuarially determined to fund that benefit, they can far exceed the limits of any other plan — producing one of the largest deductions in the tax code. This is the strategy Tax Wealth Consultant leads with for established, high-earning owners. Source: IRS Notice 2025-67; IRS defined benefit plan limits.
*A defined benefit plan is best suited to owners with consistent high income who can commit to ongoing annual funding. Tax Wealth Consultant will model whether it fits your situation before you commit. Source: IRS Notice 2025-67.
2026 Retirement Plan Comparison — At a Glance
Here is how the main retirement tax planning options compare for 2026. The right choice depends on your income, your business, and how much you want to contribute. Source: IRS Notice 2025-67.
*2026 figures per IRS Notice 2025-67 and IRS Publication 560. The annual compensation limit considered for plan contributions is $360,000 for 2026.
Retirement Planning Is Tax Planning
The reason retirement tax planning matters so much for Orange County business owners is simple: these are some of the largest deductions available to you, and the window to use them closes at year-end. Most plans must be established by December 31 to count for the current tax year. That makes retirement tax planning one of the most effective tax planning strategies a business owner can act on — but only if the plan is chosen and set up in time. Tax Wealth Consultant builds your retirement tax planning around your full tax picture, so the plan you choose delivers the deduction you need this year and the wealth you want for the future. Source: IRS Notice 2025-67.
Retirement Tax Planning Across Orange County
Tax Wealth Consultant provides retirement tax planning and tax planning Orange County business owners rely on — in Irvine, Newport Beach, Whittier, and across the region. Tax planning Irvine business owners count on, and tax planning Irvine professionals choose, starts with the right retirement plan. Wherever your business is, the right plan can reduce your taxable income and build your future.
Make this year’s tax bill smaller — and your retirement bigger
Tax Wealth Consultant builds retirement tax planning strategies for Orange County business owners: 401(k), SEP IRA, SIMPLE IRA, and defined benefit plans. The deadline to set up most plans is December 31 — Let’s build your strategy now
Call now: (949) 409-8335 · taxwealthconsultant.com
Your Retirement Tax Planning Options — 2026
-
401(k) / Solo 401(k): $24,500 deferral, up to $72,000 total ($80,000 / $83,250 with catch-up). Most flexible, highest combined limit. Source: IRS Notice 2025-67.
-
SEP IRA: up to 25% of compensation, max $72,000. Simplest high-limit plan for the self-employed. Source: IRS Publication 560.
-
SIMPLE IRA: $17,000 deferral (+$4,000 catch-up at 50+, +$5,250 at 60-63). Lower-cost plan for small teams. Source: IRS Notice 2025-67.
-
Defined Benefit Plan: annual benefit up to $290,000; contributions actuarially determined and can far exceed $72,000. The largest deduction for high-income owners. Source: IRS defined benefit plan limits.
-
Most plans must be established by December 31 to count for the tax year — retirement tax planning is time-sensitive.
-
Tax Wealth Consultant compares every option against your numbers and coordinates setup before the deadline. Tax planning Orange County business owners trust.
-
Call (949) 409-8335 | Book a meeting
Trusted by
Visit the Learning Center
More Questions? We have answers.
Get In Touch With Our Tax Experts
Start with a free consultation today! Let us understand your needs and guide you through your tax journey.