PLAN
1. ESOP PLANNING
2. 412(i) Plan
ESOP PLANNING

Benefits:

Increase cash flow
Grow your business fast
Retire debt pre-tax
Increase net worth
Defer taxes during growth of business
Defer taxes at retirement and sale
Recruit and retain employees with “golden handcuffs”
Buy equipment, buildings, capital assets pre-tax
Candidates:

C, S Corporation and LLC’s
15-100 employees
Closely held
Good cash flow
High profitability ($150k plus)
Requirements:

Provide minimum retirement benefits for employees.
Establish and fund cash benefits.
Create ESOP, sell stock to plan.
Obtain independent valuation of stock.

Considerations:

Costs of set up range from $20K – $50K

Annual Administration costs (est. $2000 + annually)
Valuation expense from $3000 – $5000

Please call or fill out the free inquiry form