Financial Strategies For Business & Life

Build a retirement plan that serves your business and your people

The right retirement plan can do more than help employees prepare for the future. It can support the business you are building, help you take care of the people who helped build it, and play a meaningful role in your own financial strategy. McCulley Financial helps you understand your options and design a plan around what you want it to accomplish.

Your retirement plan should have a purpose

As your business grows, the question is no longer simply whether to offer a retirement plan. It is whether you have the right plan for your business, your team, and the future you are creating.

There are many ways to structure retirement benefits, and each comes with different considerations. Without a clear strategy behind those choices, it can be difficult to know whether your plan is doing everything it could.

We help you step back, consider the bigger picture, and determine which approach best supports your goals.

Designed around more than retirement

A well-considered retirement plan can support several priorities at once. It can help you attract and retain good people, reward the team that contributes to your success, create meaningful benefits for owners and employees, and complement your wider financial strategy.

For McCulley Financial, that wider perspective matters. Your company retirement plan is not a decision that sits apart from everything else. It is another piece of how your business, wealth, and life work together.

Find the right fit for your business

Every business is different. We help you evaluate the available options and understand what each could mean for you and your employees.

Defined Benefit Plan

A Defined Benefit Plan provides a predetermined retirement benefit based on factors such as salary and years of service. For business owners seeking greater predictability, it can provide a structured way to build meaningful retirement benefits while supporting eligible employees.

Defined Contribution Plan

A Defined Contribution Plan allows contributions to be made into individual employee accounts, with the eventual value determined by the contributions and investment performance. This category includes plans such as 401(k)s, profit sharing plans, and employee stock ownership plans.

SEP: Simplified Employee Pension Plan

A Simplified Employee Pension Plan gives eligible businesses a relatively straightforward way to contribute towards retirement for themselves and their employees. With fewer administrative requirements than many traditional retirement plans, it can suit businesses looking for simplicity and flexibility.

Simple IRA Plan

A SIMPLE IRA Plan allows eligible employees and employers to contribute towards individual retirement accounts. Designed for smaller businesses, it offers a relatively straightforward way to provide retirement benefits without the cost and complexity associated with some traditional plans.

Profit Sharing Plan

A Profit Sharing Plan gives employers flexibility to make contributions for employees based on a predetermined formula. It can provide a thoughtful way to share the success of the business with the people who help create it and may be used alongside a 401(k) plan.

401k

A 401(k) plan gives employees the opportunity to contribute part of their salary towards retirement, with employers able to contribute as well. The right structure can help employees build for their future while supporting the company’s wider goals for attracting, rewarding, and retaining its people.

ESOP: Employee Stock Ownership Plan

An Employee Stock Ownership Plan allows employees to build an ownership interest in the company through a retirement plan primarily invested in employer stock. For the right business, it can connect employee benefits with the long-term success and future ownership of the company.

Money Purchase Pension

A Money Purchase Pension Plan requires employers to make contributions according to the formula established by the plan. This creates a structured and consistent approach to building retirement benefits for eligible employees.

Cash Balance Plan

A Cash Balance Plan combines characteristics of traditional pension plans with an account-based structure. Participants receive benefits expressed as an account balance, while the employer assumes responsibility for investment performance. For certain businesses and owners, it can provide another structured way to build substantial retirement benefits.

NQDC: Non-Qualified Deferred Compensation Plan

A Non Qualified Deferred Compensation Plan can help a business create tailored benefits for selected executives by allowing eligible compensation to be received at a later date.

McCulley Financial takes a comprehensive approach to these plans, looking at your objectives, existing benefits, financial position, and funding options before recommending a structure. Our involvement continues after implementation, helping ensure the plan remains aligned with the business and the people it was designed to serve.

The right plan should fit the bigger picture

Your retirement plan does not exist separately from your business, your wealth, or the future you are creating.

We help you consider all of those pieces together, then determine which retirement plan structure best supports what you want to accomplish for yourself, your business, and your people.