Did You Know?

We Consult and Redesign Every Year to Meet the Needs of Your Business and Family

It’s Not Just About Deductions, it’s About Value

We Rely 100% on Referrals for New Clients

  • We don’t ‘sell’; we provide the best advice for the best client outcome every time.

Wealth is Accumulated Most When Taxes are Minimized

  • Deferring income from your highest earning years will result in the most money in retirement.

Not All 401(k) Plans are Created Equal

  • The plan may or may not allow employees to defer money from payroll.
  • The plan may or may not allow participant loans.
  • The plan may or may not allow employees to pick and choose their own investments.
  • The plan sponsor may or may not have to enroll employees on the investment platform.
  • The plan may or not have to cover all employees of all companies under common control.
  • The plan may only require an employer contribution once per year.
  • The plan may or may not allow employees to take a distribution at age 59 ½.
  • The plan may or may not have the current spouse be the 100% default beneficiary.
  • The plan may allow for non-traditional investments.
  • The plan may allow for life insurance and annuity contracts.
  • The plan’s 5500 may or may not require an independent auditor’s opinion when over 100 lives.
  • The company may or may not require an independent auditor’s opinion when the 401k plan has over 100 lives. (We have a strategy for that)

Defined Benefit Plans

Traditional Defined Benefit Plan

  • Previously common among large employers and unions. Now being phased out in the pension buyout market
  • Employer bears all risks; investment, longevity, compliance, interest rate, etc.

Small Employer Defined Benefit/Profit Sharing Combo

  • Provide maximum benefit to principal, minimum required benefit to staff
  • Use Profit Sharing plan to provide required non-discriminatory staff benefits
  • Although traditionally defined as annuity benefits, the defined benefit is commonly paid as lump sum cash out at retirement

Cash Balance Plan

  • Same concept as Defined Benefit/Profit Sharing combo with a different look and feel
  • Benefit described as a hypothetical account balance with a guaranteed interest accumulation
  • Commonly used among firms where various equity partners of differing ages have different savings goals