Your Retirement Plan Distribution Options

Accumulation of IRA and retirement assets is the first step in achieving confidence in your financial future. Proper distribution of those assets is equally, if not more important. A non-smoking man and his wife, both age 62, will statistically have another 30 years before the last one dies. There lies the need, at a minimum, to maintain the purchasing power of their accumulated assets.

Contact me to discuss whether an individual 401k plan is right for you.

401(k) Plans

Plan fiduciaries must carefully document the processes they have followed in fulfilling their duties. A complete and detailed due diligence file will help illustrate the prudent steps you have taken in fulfilling your fiduciary responsibilities.

One of our primary vendors will analyze your plan at no cost or obligation.

Contact Doug at (817) 483-7635 to receive your free analysis.

401(k) Plan Alternatives

Most small business owners think of a 401(k) plan when they set out to establish a pension plan.Although this might be a great fit, the menu of alternatives for small businesses has grown richer in recent years.Owners can choose the low-cost, low-maintenance Simplified Employee Pension (SEP) plan or a Savings Incentive Match Plan for Employees (SIMPLE).

In addition, owners can maximize contributions with a Profit Sharing Plan and have close control with a Money-purchase plan.


The Tax Relief Act of 2001 enhanced many tax advantaged retirement products to help you bolster your retirement savings.Expanded contribution limits, increased rollover flexibility and catch-up provisions are only some of the benefits Congress enacted.In fact, this landmark legislation created an entirely NEW retirement option specifically for sole proprietors life yourself.

*This material was created to provide accurate and reliable information on the subjects covered but should not be regarded as a complete analysis of these subjects. It is not intended to provide specific legal, tax or other professional advice. The services of an appropriate professional should be sought regarding your individual situation. LPL Financial does not provide legal advice or services. 

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