Defined benefit plans, or pension plans, are one of today’s most sought after retirement plans among employees. These plans provide employees with a benefit amount that is set in advance and typically disbursed in either a lump sum payment at the date of retirement or installments during retirement.
Once the industry norm, defined benefit plans are now far less common but are still considered the plan of choice among employees. Offering a defined benefit plan can help with attracting and retaining employees. That’s because defined benefit plans put the onus on the employer to fund and maintain the plan. The attractiveness of these plans does however come with greater fiduciary responsibility and regulation. Our job is to help you navigate these compliance issues and provide the protection you need as a plan sponsor while allowing you to support your employees as effectively as possible
Our team will always put you first. Let’s talk about how we can help you construct, implement and manage a defined benefits plan solution for your employees while ensuring you are properly apprised of your fiduciary and fiscal responsibilities.
DEFINED BENEFIT RESOURCES
OUR BOOKS
“INVESTMENT STRATEGIES FOR THE 21st CENTURY”
by Frank Armstrong
“THE INFORMED INVESTOR”
by Frank Armstrong
“THE RETIREMENT CHALLENGE – SINK OR SWIM”
by Frank Armstrong
“SAVE YOUR RETIREMENT”
by Frank Armstrong