Wealth Accumulation

We have ways for our clients to accumulate wealth on a tax-deferred and/or tax-free basis.

We evaluate the client’s needs, then:

  • Base investment objectives on realistic total after-tax return and risk expectations
  • Plan to attain objectives primarily through asset allocation, not just manager selection
  • Implement a strategy to keep taxes and fees down

We can assist business owners and corporations in avoiding the restrictions and limitations (known as discrimination in the employee benefits arena) placed on qualified plans. These restrictions and limitations include:

  • 50% Penalty on Minimum Distribution if not taken timely (based on mortality tables at age 70½)
  • 10% Penalty For Early Withdrawals Prior To Age 59½
  • 20% Withholding Tax for Lump Sum Distributions
  • ERISA

While we promote and assist clients with implementing qualified pension plans (IRAs, 401(k) plans, profit sharing plans, defined benefit plans, etc.), these non-qualified plans that allow tax-advantaged access to your money are a great way to enhance and diversify your wealth accumulation potential.