Retirement A to Z
Curious about retirement plans, but afraid that they're too overwhelming and complex? We break them down into smaller pieces - 26, to be exact, with a few extras thrown in for good measure, with everything from the types of plans, to life insurance, to using a plan for business planning. Questions? Contact us at MonarchFinancialAdvisors@gmail.com. Enjoy!
Episodes
20 episodes
Episode R: Retirement - what now?
Welcome to Retirement A to Z, I’m Sue Burnett w Monarch Financial Advisors, and this series focuses on Qualified Retirement Plans. This is Episode R, where we’ll be discussing what happens when you reach your retirement date. ...
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Season 1
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Episode 18
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11:04
Episode V - Vesting and Eligibility
How strict can I set the vesting, or the eligibility, for my pension plan? What does the word "vesting" mean, anyways? I’m a business owner and I don’t want any of my employees in the plan, I want it to just be me – is that legit? Let’s talk it...
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Season 1
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Episode 22
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11:58
Episode T - Types of Plans
What kinds of plans are out there? With over 65Million+ results when you Google "qualified retirement plan", there are only 7 different plan types. Some are flexible, some provide guaranteed benefits, some can have life insurance ... in this ep...
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Season 1
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Episode 8
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16:03
Episode S - The SECURE Act
The SECURE Act, signed into law in December 2019, was the biggest piece of retirement legislation passed in over a decade. What is the SECURE Act? How did it impact plan sponsors? Participants? Normal people like you and me? And is it a good th...
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11:29
Episode Q - QLACs (Qualified Longevity Annuity Contracts)
What IS a QLAC? Why would someone want a QLAC? How would you go about getting one, if you decide it’s a great idea? What are the down sides of QLACs? QLACs, or Qualified Longevity Annuity Contracts, can be a really helpful addition...
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10:14
Episode P - Protection
Welcome to Retirement A to Z, I’m Sue Burnett w Monarch Financial Advisors, and this series focuses on Qualified Retirement Plans. This is Episode P, where we’ll be discussing 3 ways that a qualified plan can protect you and your sa...
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6:51
Episode O - Organizations that can sponsor a plan
What kinds of organizations can sponsor a plan? Can anyone start one? Do I Need to have employees? Does it matter if I’m the only employee, or if it’s a partnership, or if it’s a corporation? In this episode we discuss what types of organ...
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10:02
Episode L - Life Insurance in a Qualified Plan
Episode L focuses on life insurance, and the benefits of having life insurance as an investment in a plan. How much of the contribution can you use for insurance? Why would you want to use life insurance? We break it down for you, to give you t...
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Season 1
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Episode 12
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11:21
Episode K - Kids and Other Family Members
In this episode, Episode K, we discuss kids and other family members in the business, and how they can impact your retirement plan designs. Do you have to cover your kids? What about your parents, your grandparents, aunts and uncles or any othe...
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Season 1
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Episode 11
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10:09
Episode J - Just For You! (Dentist, two owners, 15 employees)
If you're a business owner and Google "qualified retirement plan", you get over 62million hits - how would you ever be able to figure out which plan is best? We'll do it for you! We take our 25+ years of experience, an...
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Season 1
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Episode 10
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12:24
Episode J - Just For You! (Realtor, one owner, no employees)
If you're a business owner and Google "qualified retirement plan", you get over 62million hits - how would you ever be able to figure out which plan is best? We'll do it for you! We take our 25+ years of experience, an...
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6:38
Episode J - Just For You! (Hematologists, 2 owners, 150 employees)
If you're a business owner and Google "qualified retirement plan", you get over 62million hits - how would you ever be able to figure out which plan is best? We'll do it for you! We take our 25+ years of experience, an...
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12:08
Episode H - Highly Compensated and Key Employees
Highly Compensated and Key employees are critical to the success of a business. Would a qualified plan help attract, and retain, them? How are they treated differently than normal rank and file employees? Doesn’t it cost more for them, since th...
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Season 1
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Episode 8
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8:04
Episode G - Guarantees
Episode G discusses guaranteed benefits in qualified retirement plans. Do any of the plans guarantee benefits? The answer is yes .... to a certain extent, depending on what happens in the future and when you take your benefit. We break it down ...
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Season 1
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Episode 7
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10:23
Episode F - Flexibility within a plan
Episode F focuses on flexibility with timing and amounts of contributions. Can you put in a lot in one year, and nothing the next? Can you pay monthly, or quarterly? Does all the money have to go in by year end? What if you can't make the payme...
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Season 1
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Episode 6
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9:22
Episode E - Estate Planning
Mark Jordan of BHMK Law joins us to talk about all things estate planning - what IS an estate? What happens to my IRA, or qualified plan, or life insurance, if I die? Does it matter if I'm married? What documents should I have for a complete es...
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Season 1
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Episode 5
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29:14
Episode D - Distributions
How do you get your money out of a retirement plan? When can you get it out? What kinds of penalties, or taxes, are involved? And how is the payment of benefits different depending on how, and when, you take them? We break it down for you, to g...
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Season 1
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Episode 4
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9:43
Episode C - Common Ownership
Episode C focuses on ownership, and how it impacts qualified plan design. What if you own 2 companies outright? What if you only own part? What if the other owner is your spouse? We break it down for you, to give you the gist without being over...
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Season 1
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Episode 3
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8:46
Episode B - Business Planning
Episode B examines when a qualified plan is used not for retirement planning, but for business planning. How can a qualified plan be used with a buy-sell agreement, or with succession planning? We break it down for you, to give you the gist wit...
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Season 1
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Episode 2
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7:37
Episode A - the ABCs of retirement plans
Episode A is the ABCs of qualified retirement plans, or retirement plan basics. What's a qualified plan? Why would a business owner have one? Why wouldn't they have one? We break it down for you, to give you the gist without being overwhelmed.
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Season 1
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Episode 1
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7:54