Defined Benefit Plans/Pensions
Pension plans are becoming less and less popular in today's environment due to the overall cost involved with maintaining them. Most new defined benefit plans started in today's environment are from small business where the owners and their families want to maximize their ability to save money pre-tax for their retirement. Most older defined benefit plans have been either frozen or converted over to defined contribution plans.
Due to the annual funding calculations, proper investment management of pension plans is more important than ever. We work closely with companies to help them protect and grow their investments.
Limitations and restrictions apply to retirement accounts. Ask us for details.