As you’ve moved forward in your career, it’s not uncommon to have accumulated multiple 401(k) accounts from various employers. In this article, I want to share a few key considerations and steps you can take to potentially optimize your retirement savings.
Entrepreneurship is a complex and constantly evolving journey. While it's thrilling, it comes with its fair share of obstacles. Particularly when considering a business exit or transition, the guidance of a Certified Exit Planning Advisor® (CEPA®) can be indispensable. In this article, we will explore the extensive benefits of CEPAs, especially when paired with the institutional expertise of Century Management.
I have dedicated my life to helping business owners, executives, and families navigate the complexities of wealth. Over my career, I've seen numerous business owners and HR representatives struggle to manage their company's 401(k) plans effectively. This article aims to shed light on the potential risks that you face when assuming the role of a plan sponsor for your company's 401(k) plans, especially when there is not a dedicated fiduciary advisor in place.
Throughout my journey serving the financial needs of our community, I have been privileged to support many business owners and executives in their journeys toward financial freedom. These experiences and the Certified Exit Planning Advisor® (CEPA®) designation have taught me much about the complexities of creating, maintaining, and enhancing value within a company. Today, I'm going to share with you some of the steps to unlocking and enhancing the value of your business, and to helping you plan for the future when you're no longer in the driver's seat.
As the leader of Century Management, I have spent over three decades helping businesses, executives, and families navigate the intricacies of wealth. Among these challenges is the necessity of assessing cash balance for firms, particularly those with a small, concentrated team of 40 people or less. In this article, I want to share with you an alternative approach to planning for your future, which could provide substantial tax benefits and enhance your company's overall financial health: the Cash Balance Plan.
With a lifelong education and passion for financial services, I've devoted my career to helping high-income-earning business owners, executives, and families navigate the complex world of wealth. One lesson that I have learned throughout my years in the industry is that maximizing the value of a business is not a solo endeavor. Indeed, it takes more than a financial advisor to truly unlock a company's potential. Diverse experts in various fields are needed to ensure a comprehensive, well-rounded approach to business growth and sustainability.