If you are a business owner, you may have certain employees who are key to the running and survival of your company.  It is often a good idea to not only reward these persons for their service and continued loyalty, but to give them more reasons to stay with the company then to leave.

A so called "golden handcuff" or deferred compensation plan can be designed as supplements or replacements for existing retirement or 401k benefits.  These plans can be completely discriminatory in that you, as the business owner, can pick and choose what types of benefits are offered and to whom they are offered.  Depending on the design of the plan, the company may obtain additional tax benefits as well.

Our firm is skilled in the design, drafting, implementation and funding of these types of arrangements.  We also provide annual administration for plan participants to non-public, closely-held companies.

Call or email us for more information or to arrange a free consultation.