Business and Succession Planning
Retirement Plan Services
At Topel Forman Wealth Management, we offer comprehensive 401(k) plan services for businesses. Our retirement plan strategies are built to align with your company’s goals, ensuring compliance, optimizing tax advantages and simplifying plan administration.
From plan design and investment selection to ongoing management, and employee education, our team handles the details so you can focus on your business.
Key Services
Personalized Plan Design
There are several options for setting up a retirement plan. We customize the plan design based on the business and business needs.
Fiduciary Consulting
Levels of fiduciary coverage can be complicated. We will walk you through the process and help you understand the risks involved at each fiduciary level you might choose.
Investment Elections
We build an investment lineup that provides your employees with suitable options to create a diversified portfolio that helps meet their retirement objectives.
Plan Participants, Education, and Enrollment
We understand employees are the heartbeat of your company, and we make enrollment easy and education accessible.
Succession Planning
Succession Planning defines how ownership and leadership of your business will transition, whether to family, partners, key employees, or an outside buyer.
Key Services
- A transition roadmap for succession planning
- Valuation & Transfer Strategy
- Stakeholder coordination
Without a plan, transitions can happen by default. We can help you put a plan in place early to provide options and control, mitigating a rushed sale at an unfavorable value, disruption for employees and clients, or disputes over control.
Why Topel Forman Wealth Management
Whether you are designing a retirement plan or planning your exit, business decisions and tax decisions are not exclusive. We can help.