SMALL BUSINESS PLANNING As a business owner you have many financial decisions that need attention.You're faced with issues like taxes, retirement and estate planning. In addition you must also worry about providing retirement benefits to your firm’s employees, retaining your key people or preparing for their loss, and preparing for the day you will hand over the reins.The number of decisions and their complexity can be overwhelming to a business owner. However, ignoring these issues can be a danger to the business. We help you sort out these issues and develop strategies to address the key financial decisions you and your business face.Retirement income strategiesHave you saved enough to maintain your lifestyle and become independent of the business?People think preparing for retirement involves saving as much money as possible and investingit wisely by diversifying. But in addition to diversifying investments, smart retirement saversalso consider how taxes will affect their retirement dollars. There are a number of ways to save forretirement and withdraw income once retirement arrives. It’s important to consider the contribution,accumulation and distribution tax characteristics of these options.Retirement Savings Plans (Pension / IRA / Defined Benefit Planning)We provide a variety of qualified and non-qualified retirement savings options. After reviewing your needs, goals and current situation we can guide you in determining the most appropriate types of plans for you, your employees and your business. We offer pension, simple IRA, SEP IRA, Defined Benefit and cash balance plans specifically designed to maximize benefits for the small business owner.Executive compensationHave you created programs to recruit, reward and retain key employees? Key employees make animportant contribution to your company’s profitability. It is in your best interest to recognize theircontribution. Selective executive compensation benefits reward those employees whose achievementsare most responsible for the business’s success and allow key employees to sharein the accomplishments of the business.Key person / Buy-Sell InsuranceIf a key employee dies, will your business suffer financially?Key employee life insurance is owned by a companyon the life of one of its important employees. The death of one of your key employees could causeserious problems to your company, such as lost sales, lower earnings and added costs for hiring andtraining a replacement. Key employee life Insurance provides a death benefit that helps you replacethese costs and operate smoothly after losing a key employee.Estate planningCan you successfully transfer the assets you’ve worked a lifetime to accumulate? You’ve worked hard to buildand maintain a legacy, and you deserve to pass it on to your children andgrandchildren. But when the time comes, estate or income taxes and other costs can erode the assetsyou’ve spent a lifetime accumulating. A life insurance solution can help protect those assets by providinga tax-free death benefit to help alleviate these costs and provide a legacy to your beneficiaries. It alsoplays an important role in many estate planning strategies.Business successionHave you identified steps to transfer the business to others at a fair price? Having a business successionstrategy in place is a key to success and survival of your company. Strategies such as buy-sell arrangements canfacilitate the transfer of a business interest upon a certain event (death, disability or retirement).Group BenefitsHelp attract, retain and reward employees by offering them affordable health benefitsWe offer group plans for: Health, Life Insurance, Disability & Long Term Care Please Contact us to learn more about your business planning options and to receive quotes CONTACT[email protected]Morristown Office163 Madison Avenue Suite 220Morristown, NJ 07960Phone: 973-285-1040Mobile: 862-219-8510Mon-Fri: 8:00 AM - 8:00 PM Sat: 9:00 AM - 4:00 PM Sun: By Appointment How can we help? Request a Consultation or Quote Name Email Phone Question Thank you! Oops!