The first two are generally fairly easy to answer, but the third one is the catch. The majority of Americans in their 50s acknowledge they will have to lower their living standards in retirement, and many are facing the unexpected necessity of having to work during what would be their retirement years. We offer employee benefit plans that have unique tax advantages. A qualified retirement plan offers employers an up-front deduction for funding the plan, and employees do not pay taxes on the benefits until they receive them. A majority of employers have experienced problems or received criticism on their plan.
Many financial professionals sell the plan and then walk away and let a different group run it.
We offer creative plan design, a variety of investment options with well-known money managers, timely compliance reporting, and an education program to help your employees understand the plan and the need for investment diversification. We empower employees and employers to make well-informed investment decisions. Since the employer is usually the plan's fiduciary, we help by providing detailed plan information and investment education. We alert clients to potential liabilities from issues such as diversification or liquidity. We help our clients understand their roles as fiduciary and we identify risks and methods to reduce such risks.