If the company is a small or closely held firm, then the owner’s personal and business objectives are essential in plan selection. Small business owners usually want to reduce their current taxes and save for their own financial future. For example, key owners of small companies generally want a majority of plan benefits for themselves and less for the rank-and-file employees, particularly those who do not stay with the employer for a long period. The owners may select a plan that will meet this need or use various techniques to modify the plan to primarily benefit owners and/or key employees.  

At NESA Plan Consultants, we know it is important to understand these advantages and we go to work for you to achieve these goals.