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The Right Benefits Program: Counseling the California Small Business in 2017

Posted by Robert K. Butterfield | Mar 17, 2017 | 0 Comments

In this White Paper, considerations in employee benefits for small businesses are discussed, including factors not prevalent in large businesses. These factors include:

1. Tax benefits in general (for all employees)
2. Tax shelter and benefits for owners (to the exclusion, in many instances, of non-owners)*
3. Hiring and retention factors (benefits may attract and retain better employees)
4. Insurance factors (health and death benefit protection)
5. Creditor Protection Issues

*Factor number 2 is less prevalent in “Big” businesses.

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About the Author

Robert K. Butterfield

Robert Butterfield's practice emphasis is on employee benefits, executive compensation, ERISA, estate planning and corporate planning.

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Retirement Plans

We help establish a customized plan that meets regulatory requirements as a tax qualified plan. Following implementation, our attorneys can assist clients and their plan administrator with regular reviews and updates to help with regulatory compliance for the plan's operation, and continued effectiveness in meeting the client's specific goals.

ESOPs

We are dedicated to employee ownership. When you come to us for ESOP services, you receive influential legal counsel who stand beside you to help you stay informed, in compliance, and abreast of the latest developments-all to help you realize your plan goals as fully and effectively as possible.

QDROs

A QDRO is a specially designed court order that is required for the division of retirement benefits in a family law case. Many family law attorneys do not possess the expertise necessary to divide retirement benefits or stock options upon divorce. We have extensive experience in dividing qualified plans, government plans, IRAs and stock options between the employee spouse and non-employee spouse.

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