Your organization’s tax and business benefits are of first consideration in designing your retirement plan(s). Discussions of specific business needs, budget restraints, and required benefit provisions are prioritized when customizing your new plan or amending your existing plan. The following steps are taken in designing a Qualified Plan:
- Examination of your business’ employee and fiscal history, specific management objectives desired, incorporated policies required of each employee in the plan, rank and file employee turnover, and projected employment status which might impact the plan.
- Analysis of complete present employee census information, including historical data which might determine more positive benefit potential
- Free proposals and unlimited illustrations based on benefits you would like to see for your organization.
- Explanation of eligibility requirements, government required compliance tests, benefit formulas, distributions, vesting, and retirement dates.