FINANCIAL STRATEGIES

Through our relationships with various qualified plan providers, AzariaCFO provides a complete range of services for qualified retirement plans from initial plan design, IRS filing, plan documentation, annual government reporting, as well as up-to-date annual reviews. We help you establish qualified retirement plans or revise your existing plans to help you solve your tax, financial, and other retirement concerns. Our goal is to try and use the latest and most advanced formula to maximize the owner/owners’ contributions and minimize employee contributions.

Our qualified and non-qualified employee benefit strategies include:

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• Profit-Sharing Plans

• Defined Benefit Plans

• 412(e)(3) Plans

• Executive Bonus Plans

• Deferred Compensation Plans

• Salary Continuation Plans

A captive insurance company is one that insures the property and casualty risks of its parent company. A captive arrangement may be ideal for businesses looking to better manage their insurance needs, including cost, coverage and service.

Wealthy individuals have the problem of preserving their wealth while paying huge estate tax bills. Even though the estate tax exclusion and transfer limits have changed over the past few years, the truly wealthy can't plan away all of the taxes that will be due. The IRS also limits the amount that can be transferred to the family or trusts without having to pay gift tax.

AzariaCFO understands that life and disability insurance are about risk. Risk is the exposure to the possibility of loss. Risk can either be assumed, ignored, or transferred to a risk bearer. We are contracted agents of the country’s leading insurance providers, we offer personal and business insurance plans that help protect you and your heirs in the event of income loss due to sickness, injury, or death.

The use of cash value life insurance to provide an additional resource income-tax-free for retirement assumes that there is first a need for the death benefit protection. Policy loans and withdrawals reduce the policy’s cash value and death benefit and may result in a taxable event. Withdrawals up to the basis paid into the contract and loans thereafter will not create an immediate taxable event, but substantial tax ramifications could result upon contract lapse or surrender. Surrender charges may reduce the policy’s cash value in early years.*

*Policy loans and withdrawals will reduce available cash values and death benefits, and may cause the policy to lapse or affect any guarantees against lapse. Additional premium payments may be required to keep the policy in force. In the event of a lapse, outstanding policy loans in excess of unrecovered cost basis will be subject ordinary income tax. Withdrawals are generally income tax-free, unless the withdrawal amount exceeds the amount of premium paid. Tax laws are subject to change. Clients should consult their tax professional.

AzariaCFO works with equity owners to develop succession plans that can help to ensure the orderly transition of control upon the death, disability, retirement, or voluntary departure of an owner. We also perform the critical function of ensuring that your business continuity planning is effectively coordinated with their individual retirement and estate planning strategies.

Through some of the country’s leading disability providers, we help you design and implement: individual disability coverage, group disability coverage, business overhead expense, and disability buy/sell insurance for business buy/sell agreement.

Liability protection planning is intended to reduce the risk of financial loss resulting from future litigation and other potentially damaging situations. AzariaCFO, working with legal professionals, helps to coordinate your estate plans to protect your assets and help reduce your exposure to risk.