Craft Your Retirement 'Masterpiece'
Our Building Blocks methodology results in a powerful and uniquely qualified retirement plan. Each Block represents the client’s personal and company objectives.
- What are you seeking to accomplish?
- What is your budget?
- What—if any—specific amount or maximum contribution are you looking to achieve for yourself and other owners?
- Are there any key employees you would like to benefit?
This step marks the first planning demarcation. A major design issue is the ability to tailor coverage in your retirement plan specific to your company. Companies, in many cases, can select whom the plan will benefit. We can establish up to three types of plans to accomplish the objectives of your company and its owners.
A secondary plan can cover the balance of the staff. Generally, the company will be required to fund a “secondary contribution” for the eligible staff. The contribution level is determined by the benefits in the foundation plan. Many times, this plan is a vital part of the foundation plan.
A generic qualified retirement plan cannot duplicate the beauty and effectiveness of a custom-crafted masterpiece by Liden, Nestle, Soled & Associates, Inc.