Retirement and Benefits Planning

Retirement Planning involves the selection of the right retirement plan that will enable you to have the most flexibility in your retirement contributions. The IRS offers several retirement plans options for you to choose from. These retirement plans offer the advantage of tax free contributions to the individual, which are deducted as an expense from the business entity. However, each of the retirement plans offer certain advantages to the owner that others do not. For instance, plans have limits as to the amount of contribution that is possible to each plan, so if a person wants to quickly save for retirement and maximize his contributions, certain plans will be more advantageous than others. Additionally, a company owner will need to consider what contributions will be required by the company to the employees of the workforce. Turquoise helps the independent company consider and select the right plans which best meet the company's objective.

In addition to retirement planning, we can advise you on certain benefits and stock options that are targeted to your key employees. These strategies provide incentives that are useful for hopeful start-up firms, where cash is scarce.