Retirement Planning Group

If you have not reviewed your retirement plan in the last two years, you might be forfeiting a portion of your earnings to unnecessary taxes.

A retirement plan may do a lot more than just help your employees secure their future. An employer also has a lot to benefit from the plan. Here is a list of some ways your business can reap the rewards of establishing a retirement plan:

• Helps to attract and recruit quality employees
• Reduces employee turnover
• Rewards loyal employees
• Increases morale, which leads to increased productivity
• Tax deduction for contributions and plan expenses
• Flexible company contributions

Retirement Plan Brochure

Plans To Consider:

Defined Contribution Plan

This is a retirement plan in which individual accounts  are set up. The retirement benefits for this account are based on the compensation for the individual through their employee contributions, along with investment earnings and money in the account.

Defined Benefit Plan

In this plan the employer promises a specified monthly benefit for the retirement plan. The benefit is  predetermined by a formula based on the employee’s earning history. The formula is also based on the employee’s tenure of service and age, rather then investment returns.

Cash Balance Plan

For this plan benefits are computed as a percentage of each employee’s account balance. Employers specific contributions usually are based on a percentage of a employee’s earnings- and a rate of interest on the contribution that will provide a predetermined amount at retirement. Are you taking advantage of the new rules? If you own a business have you determined an exit strategy? 

Retirement Planning Individual

Some of the key factors when you think about retiring.

When do you want to retire? How much income do you need?

Are you going to continue to work? Where do you choose to live? 

We are not typical financial services advisors. Our approach is different. We act as counselors and consultants to our clients. We help individuals to understand their choices and to make the best

financial decisions that will shape their futures.

Every client is unique, with a different story and a different dream. Our independent and objective holistic approach allows us to focus on each investor’s distinctive personal situation.

We employ an open platform which means we are not obligated to recommend any one investment solution. The benefit of this independent approach is the ability to customize a financial path to meet your specific needs.