What can we do to help you?
Everything begins and ends with helping you serve your client.
We provide a planning resource that relies on a philosophy emphasizing the value of the client relationship and which is pro-active in problem solving.
As independent third party administrators (TPAs ) Fox Lalonde & Kenne depends on the goodwill of the numerous accounting, legal and financial professionals, as well as, Plan Sponsors that it serves. FL&K understands, appreciates and values the dynamics of professional teamwork.
There are two major areas today that provide financial professionals and their clients major planning opportunities: Qualified Retirement Plans in light of the 2006 Pension Protection Act (PPA) and Post Retirement Individual Medical Expense Reimbursement Plans, i.e., IRC Section 401(h).
Create a Super 401(k) Plan™
PPA is the best piece of retirement planning legislation in decades. It is both business owner and fiduciary friendly. By combining the best elements of retirement plans, PPA allows for a plan design we refer to as a Super 401(k) ™. Contributions and corresponding tax deductions for owners can average between three (3) times to twenty (20) times the stand alone 401(k) limit of $53,000 to $59,000 for 2016.
The Super 401(k) ™ can provide a maximum tax deductible retirement plan contribution of $500,000 to $1,000,000 per participant per year. An optional add-on tax deductible life insurance benefit can provide additional tax advantaged planning opportunities.
Create a Tax Deductible Post Retirement Individual Medical Expense (PRIME) Reimbursement Account
A PRIME reimbursement account is a properly established post retirement trust. It is fully tax deductible and creates a perfect compliment to a qualified retirement plan. PRIME or 401(h) benefits can be received tax-free as a medical reimbursement of post-retirement medical expenses.
A census, proposal request and your planning wish list is all we need to get started.
Our fee schedule is extremely extremely competitive.