As a financial advisor, it's likely that your client base includes business owners who also serve as retirement plan sponsors. Managing so many different types of plans including 401(k)s, profit-sharing, SEP, defined benefit, cash bonus plans, and more, can be a daunting responsibility, especially with the ever-changing regulatory landscape and plan design requirements. However, this challenge presents an opportunity for you to lend your expertise and engage industry retirement plan experts to support plan sponsors in conducting a thorough plan evaluation.
Is it time to evaluate their retirement plan(s) to ensure compliance with current regulations and competitiveness of features versus what is available in the marketplace? Are they paying a reasonable price, factoring in plan size and complexity, and advancements in plan design and administration technology? Here are key factors to consider:
At Freedom Advisors, we're committed to helping you ensure that your clients' retirement plans are optimized for success. Our team of experts can conduct comprehensive plan checkups, identify areas for improvement, and implement strategies to enhance plan effectiveness and participant engagement. By partnering with us, you can help your business owner clients recruit and retain valuable employees while ensuring they receive top-notch retirement benefits at a reasonable price.
Don't wait until issues arise—schedule a plan checkup today and empower your clients to secure their financial futures with confidence. We can support plan types including 401(k), 401(a), 403(b), defined benefit and profit-sharing, and offer a wide range of retirement plan services directly and through alliances with strategic partners. View our Group Retirement Plan Services to learn more.