Retirement Consulting Services

We provide group and individual retirement plan strategies to businesses of all sizes!

Employer Sponsored Financial Planning Services

Types of Accounts:

  1. 401(k) and 401(k) Safe Harbor Plans
  2. Profit Sharing Plans
  3. Defined Benefit Plans
  4. Age-Weighted/New Comparability plans
  5. Money Purchase Plans
  6. 457(b) Governmental and Tax-Exempt Plans
  7. ERISA 403(b) Plans

 

Individual Financial Planning Services

Type of accounts:

  • IRA's
  • Roth IRA's
  • Joint Non-Qualified Accounts
  • Individual Non-Qualified Accounts
  • Trust Accounts
  • 529 plans

 

Saving for retirement is smart for everyone
For many of your employees, an employer-sponsored retirement plan will be their only source of retirement savings. The average annual Social Security retirement benefit is approximately $18,500 and similarly the average defined-benefit payout, if you have one, is less than $10,000 a year (AARP, 2021). That leaves saving in a retirement plan at work, and/or saving in an individual retirement account (IRA). An employer sponsored retirement plan is smarter for both the employer and the employee. It can be a tax shelter for both parties, with more generous contribution limits than an IRA. Plus an employer-sponsored plan builds loyalty, especially when you make a matching contribution (and that gets you an even larger tax write off!). 

 

Selecting a provider, implementing a plan and keeping it current is no small job
There is an incredible amount of overhead for a small business that goes it alone. Between annual audits and frequent law changes, not to mention ongoing fiduciary responsibility, it can be asking a lot of a small business to dedicate a go-to person on the minutia of enrollment, investment, beneficiaries, hardships, loans, and final distributions. In fact, 60% of micro plans (small businesses with plans of less than $5 million in retirement plan assets) use an advisor rather than in house staff (Retirement Income Journal). With an advisor you not only gain investment guidance for you and your employees, but gain full service plan design, implementation, and maintenance.

 

With a little help, we make it easy for you
We bring our well established relationships with top rated investment and group plan providers and nationally recognized third party administrators (TPAs) that are amenable to and expert in micro plan services. This gives us special pricing privileges and a commitment to you to annually renegotiate pricing as your plan grows. We provide education to you and your employees with scheduled semiannual or quarterly reviews, and we're always available for you and your employees' questions on the phone or internet. You can be as hands off as you need to be with your busy schedule, or work with us on the nuts and bolts of the plan. We review all paperwork and keep your plan up to date with your growing and changing company as well as the frequent pension and tax law changes. 

 

Services Provided:

  • Income needs analysis
  • Income projection
  • GAP analysis
  • College planning
  • Life insurance solutions
  • Life insurance analysis
  • Investment reviews