Retirement Planning

Cherry Street Partners believes that your company’s retirement plan is one of the last great tax planning and wealth accumulation tools available for both business owners and their employees, yet it is also one of the most under-utilized tools. What other options are available that provide the same level of tax benefits, growth opportunities, employee retention benefits and creditor protection as a qualified retirement plan?

Maximizing the value of your plan is not only about making contributions and selecting fund options; efficient plan design and comprehensive education are also key pieces to providing true benefit. Whether you are starting a new retirement plan or are uncertain if your current retirement plan is doing all it can for you, Cherry Street Partners can help you address the following:

• How to maximize deductible contributions while managing employee and plan costs?
• What is the best plan design based on personal and business planning objectives?
• Are the investment options in my retirement plan appropriate?
• How much risk do I have as a plan fiduciary?
• Do I have any fiduciary protection as the plan trustee and have I done all I can to mitigate my risk?
• Am I prepared for a Department of Labor audit?
• How do I best provide education for my employees to enhance their plan appreciation?
• What do I do when it is time to roll my money out of the company plan?

Creative plan design, annual trustee reporting, frequent employee education in group and one-on-one settings and regular investment reviews are all part of how we support you. Our mission is to help you make the best of a great planning tool.

 

 

 

Financial Success…..By Design