Our business clients are seldom just businesses – they are people, families, whose ultimate motivators often have as much to do with love, duty, and gratitude as with profit and loss. They are justly proud of their success, but the ability to provide for their spouses, children, and grandchildren – as well as the causes and institutions they support – anchors their pride.
Successful business executives and professionals often accumulate significant wealth in tax-qualified retirement accounts, either 401(k) plans or similar employer-sponsored plans, or in individual retirement accounts (traditional IRAs or Roth IRAs). We guide clients through the choices those plans present, especially when the plan participant changes jobs or retires, or when the plan participant dies and executors and beneficiaries face decisions.
We can help clients fit these special assets into comprehensive plans for retirement income, estate distribution, and charitable giving, while reducing the impact of income and death taxes.
We also assist clients with establishing benefit programs for their businesses and employees, and with creating health savings accounts and Archer medical savings accounts for themselves or others.