Reaching your business goals takes commitment, determination and a plan. It also helps to have the right experts on your side—the ones that listen to your concerns, and those of your other trusted advisors. At RFS, we can coordinate the development and implementation of your entire business plan, or we can complement your existing team.
RFS offers the breadth of our experience and professional resources you need to make your business plan work for you—from start up to your transition into retirement, a sale, or succession planning. We can guide you through the process, step by step.
Are you offering your employees competitive benefits? Along with our team of specialists, RFS works closely with you and your trusted advisors to provide up-to-date benefits packages that include major medical, dental, group life, group short term and long term disability, voluntary benefits, and pension design & administration.
We have been in this marketplace for over three decades, offering full-service, competitive business insurance services and a suite of employee benefits.
Have your retirement plans been reviewed for current law changes, as well as design changes? You may be losing potential tax benefits that you are not aware of. A qualified retirement plan may “qualify” your business for favorable tax treatment. A change in census and demographics could have a dramatic impact on plan design.
We, with our strategic partner, Penn Pension Center, are able to offer professional, current advice regarding 401(k) plans, defined benefit plans, defined contribution plans, SIMPLEs and/or, SEP-IRA plans, etc. This capability is offered from design, installation and full ongoing administration.
We, with our strategic partner, Roosevelt Investments, provide access to certified financial planners, offering investment and financial planning advice. Roosevelt Investments supports a full array of investment analysis for all of your qualified plans.
How can you attract and retain your key employees? Non-qualified benefits, sometimes called “golden handcuffs” may be what you need. These benefits can be custom designed to reward and retain your executive team and/or key employees. RFS works extensively with closely-held businesses, and we can access a variety of solutions for building business value.
Is your exit, succession and transition plan executed in writing? RFS will walk you through succession planning, step by step. We will identify gaps in key planning areas-such as the possibility of your exit due to an untimely death or disability.
A planning discipline, kept up-to-date, can help ensure that the business continues after the owner has retired, died, or become disabled. The planning process also may uncover strategies for helping owners convert their business equity into cash.
Do you have a co-owner/partner? If so, you may want to consider a buy-sell agreement that will spell out what happens with the business in the case of certain events. Most business owners think first of death as being the big event, but there are several other events including disability, divorce, bankruptcy, transferring stock to a third party, retirement, termination, and even how to handle disagreements between owners.
RFS guides you through the process, allowing you to structure your relationship in a way that suits your unique needs.
Have you considered how your business and estate will be distributed? RFS coordinates with your tax and legal advisors, to help you plan the orderly distribution of assets and maximize lifetime gifting opportunities.
Together, we will help put in place a process to evaluate and help mitigate the impact of federal estate taxes, other transfer taxes, and probate. RFS’s goal is to be a part of the team in the distribution of assets at death.