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Flexible Plan Design
We offer the following types of plan designs:
Defined Contribution Plans:
- Keogh Corporate
- 401 (k) with or without employer match
- Profit Sharing
- Money Purchase Pension
- Target Benefit
- Age-Weighted
- Keogh
- IRA
- Non-Qualified Deferred Compensation
Rewarding Your Employees
Establishing a plan can enhance employee loyalty
and can be designed to provide meaningful benefits to key employees
without excess costs. Employee contributions made with before-tax
dollars in a 401(k) plan, for example, offer greater earning power
than other savings vehicles. Participants can readily appreciate
the plan's value as they see their savings grow.
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Customizing Your Plan
Some issues you should consider before setting
up or redesigning a plan:
- What level of financial commitment are
you willing to make as the employer?
- Considering the age, risk tolerance,
life-styles and financial planning knowledge of the employee
group, what types of investment options should be offered?
- Should participating employees be able to
direct the investment of employer contributions?
- Do you wish to limit the number of times per year participating
employees may transfer their contributions from one investment
option to another?
We can meet with you to discuss these issues and
develop a plan that makes sense for your organization.
Tax-deductible Contributions
Administration fees and employer contributions
may be tax-deductible. Depending on your plan design and funding
goals, we can create a plan design that permits flexible funding
from year to year, or one that targets a specific level of benefit
and funding commitment.
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