Employee Benefit & Retirement Planning

An employee retirement plan can be a creative and effective way to recruit, reward, and retain human capital—your employees. When people think about retirement plans they think “401(k),” but there is a galaxy of other options that may align better with your goals.

Here are a few of the many plans that KL Wealth Advisors is experienced with:

Profit Sharing Plans: Despite the name they have nothing to do with your company’s profitability. They are fully discretionary. That means that you can choose which year to contribute to your and your employee’s retirement funds.

Defined Benefit Plans: These may be ideal for a closely held company with consistent cash flow and owners who want to defer the maximum amount of pre-tax income.

Non-Qualified Deferred Compensation: These plans can provide retirement benefits to an individual or a select group of valued executives only.

SIMPLE IRAs: the “building blocks” for many companies’ first retirement plan.

SEP-IRAs: Simplified Employee Pensions (SEPs) provide for employer contributions only. Usually there is minimum administrative cost and a minimum of moving parts.

Employee Stock Option Plans (ESOPs): A business owner can use an ESOP to borrow money from a bank. ESOPs can create liquidity for the owner for business continuity planning.

And of course, 401(k) plans.


Think about these questions…

If you are a family business owner, does a retirement plan for the business make sense for you?

Is the plan you have now working for you, or do you see it as a necessary evil?

Are you personally on track for retirement?


Tell us where you want to go, and we can help you get there.



Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and KL Wealth Advisors are not affiliated. This communication is strictly intended for individuals residing in the states of CA, FL, IL, NC, NJ, NM, PA, SC, and VA. The information being provided is strictly as a courtesy. When you link to any of these websites provided herein, KL Wealth Advisors makes no representation as to the completeness or accuracy of information provided at these sites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, sites, information and programs made available through this site.

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