Qualified Retirement Plans
Liden, Morton, Nestle & Soled, Inc. is an independent consulting firm established to assist business owners, management and their advisors in the design, installation and maintenance of employee benefit programs.
Retirement plans are an integral part of the total compensation picture of any business. The cost, complexities, and variations have created a demand for specialist to design, install and maintain these plans.
Types of Qualified Plans
Defined Benefit Pension Plan- A Defined Benefit Pension Plan offers over $50,000 in contributions per Principal, depending on actuarial evaluations, retirement and salary. We maximize contributions within the IRS codes to achieve the best results. This is an excellent plan for the self-employed or family business.
Profit Sharing Plan/New Comparability- New Comparability Profit Sharing Plans offer the maximum flexibility. This plan is the ideal solution for most small businesses. The employer decides allocation distribution of contributions after an initial "gateway" minimum. Contribution rate can change from year to year.
401(k) Plan- The 401(k) plan is the most popular plan. It is an employee driven plan and therefore, may not be the best fit for the owner employee. If your goal is provide a vehicle that will attract and retain employees, the 401(k) plan will meet this need.
Services- Plan Design & Installation
- Administration
- Actuarial
- Government Compliance
- Trust Accounting
- Plan Termination
- IRS Reporting
- Audit Support