While staying within the context of your business’ overall corporate financial goals, our plans are designed to ensure that, no matter what uncertainty lies in front of your business, it will remain and prosper. BEJS focuses on three major areas regarding preservation of your company’s future.
Key Person Insurance
A business today may be in serious trouble if it loses one of its key employees. The loss of these employees could be from a variety of sources: accident, illness, death, or leaving to work with a competitor. Proper planning is a necessity in order to retain these key employees while, at the same time, staying true to corporate financial directives. BEJS can provide solutions that could fund the business during the period of time in which a suitable replacement is found; or it could provide liquidity for surviving partners to purchase a deceased partner’s portion of the business from his/her estate.
Qualified Retirement Plans
By utilizing a well-documented, fiduciary-friendly process, we help our small-to-mid-sized, privately held companies design, implement, and administer successful retirement savings programs. We provide a breadth of resources to help our clients effectively manage their fiduciary responsibilities and work to ensure that their plan participants are saving adequately and investing appropriately for a financially secure retirement.
Non-qualified Plan Funding
BEJS can also help a business retain key employees by designing, implementing, and administering cost efficient and effective executive benefit plans that supplement restrictive qualified retirement and group insurance plans.
This material is intended for informational purposes only and should not be construed as legal or tax advice and is not intended to replace the advice of a qualified attorney, tax advisor or plan provider.