Business Products Offered:
- Employer Sponsored Qualified Plans (401k, 403b)
- Managed Money (Retirement Plans, Endowments, etc.)
- Executive Bonus Plans (coming soon)
Individual Products Offered:
- Annuities
- Professional Money Managers
- Personal Wealth Portfolios
- Retirement Accounts / Rollovers (coming soon)
- Financial Planning
Employer Sponsored Qualified Plans (401k, 403b) Back to top
Attracting and retaining qualified employees is important to any service company or business. A quality retirement plan such as an Employer Sponsored Retirement Plan in the form of a 401(k) or 403(b) can be essential. We can help review, analyze, implement and support such plans.
It is important to adhere to IRS Regulations regarding eligibility, employer contributions, employee withdrawals, and withdrawal tax consequences. A company must also meet strict federal rules for nondiscrimination to ensure that the plan benefits all eligible employees, all the while providing a state of the art plan, filled with quality investment choices capable of meeting all types of participant needs.
If a company and its plan meet these provisions, the company can deduct contributions it makes to the plan; if it fails to meet them, the company risks losing its tax benefits for that year's contributions, or the plan itself may be disqualified. The company may have to file a separate tax return for the plans. Qualified plans are protected by law, so business creditors cannot access the funds to collect debts.
In profit-sharing plans, employers contribute a certain percentage of the total plan payroll.
Profit-sharing plans are one of the easiest and most basic qualified retirement plans to establish and are popular because they give the business owner flexibility in deciding how much to contribute for each participating employee annually, from 0-15% of the total plan payroll. There are different types of profit sharing plans to choose from, including, traditional age-based or new comparability.
Withdrawals prior to age 59 1/2 may incur a 10% IRS tax penalty.
Managed Money Back to top
We can help you customize a portion or all of your invested assets with a professionally managed portfolio of securities and/or bonds owned directly by you with a single, all-inclusive fee based on the amount of assets. Typically, high net-worth investors hire professional managers who specialize in managing accounts using strict guidelines to provide discipline, customization, active management and style consistency.
Annuities Back to top
An Annuity is a Long Term Investment contract with an Insurance company that can potentially provide you with a regular stream of income for as long as you live or a designated period of time after your retirement if you wish. These are good products to rollover your Employer Sponsored Retirement Plan into. They continue to grow tax-deferred until withdrawn and they can continue to participate to the upside in the equity markets to potentially increase your income even after you retire. The caveat is there is a penalty if you withdraw earnings from an annuity before age 59 1/2.
Annuities can help you protect what you already have. There are a lot of choices. We can help you choice the best annuity and annuity features to help fit your particular situation.
Professionally Managed Money Back to top
We can help your organization customize a portion or all of your invested assets with a professionally managed portfolio of securities and/or bonds owned directly by you with a single, all-inclusive fee based on the amount of assets. Typically, companies that have sophisticated needs hire professional managers who specialize in managing assets using strict guidelines to provide discipline, customization, active management and style consistency.
Personal Wealth Portfolios Back to top
Customize your portfolio and choose from a list of recommended mutual funds or separate account managers per asset class to leverage the expertise and resources of professional money managers.
Financial Planning Back to top
It is important to have the blue prints for your financial objectives.