Retirement Plan Design and Implementation

There is no such thing as a “One Size Fit’s All” Retirement Plan.  In fact, the care that goes into the design and implementation of your retirement or employee benefits program is key to the plan’s ultimate success.

Plans can be designed as savings programs for employees, or as incentives for owners and key executives.  When you work with our firm, a Plan Design Specialist will methodically go through the steps to make sure that your Retirement Plan will not only meet the goals of the business and its owners, but do so cost effectively.

Proper plan design includes the following considerations:

• Determining corporate and personal goals
• Analysis of legal requirements
• Analysis of income and estate tax implications
• Determining the funding of the plan
• Analysis of actuarial considerations
• Obtaining government approval
• Design of effective administrative procedures
• Education of key personnel
• Establishing effective employee communication systems