Small Business Retirement Plan Made Easier

The Labor Department released a final rule to make it easier for small businesses to band together to create joint 401(k) retirement plans for workers. The rule deemed as Association Retirement Plans (ARP’s), which takes effect Sept. 30, broadens the ways companies could join to offer retirement accounts.

Under the rule released Monday, companies in different industries—for example, healthcare, manufacturing and technology —could create a joint plan if they are located in the same state or metropolitan area.

According to the department, under the retirement-plan rule, smaller companies would be able to use the larger scale of the combined businesses to lower administrative costs and burdens associated with starting and administering such a plan.

At Benzer Capital, we specialize in assisting businesses set up and administer high quality, low cost retirement plans with specialized guidance for sponsoring employer and employees. See how we can help or request for a complementary retirement plan consultation, reach us at 713-979-2300 or visit us at https://www.benzercapital.com/take-action-benzercapital.

Market Month Update - June 10, 2019

As we approach mid-year 2019 mark, markets have had a full cycle of ups and downs with some indexes flirting with all-time highs and with some like Nasdaq flirting with correction territory all within a matter of a few weeks.

For the month of May 2019, US stocks were down -6.45% and US Bonds were up 1.83%. International [Ex-US} was down -5.49% while Real Estate markets were up a fraction at 0.10%. Still the markets year to date overall remain in healthy territory. US Stocks are up 10.89% and Bonds are up 4.85%, while International is up 10.15% and Real Estate charging ahead at 17.3%.

I will be sharing my perspective on the market via a video shortly.

If you like, you can share this update by clicking the Share Button below or through Facebook, LinkedIn or other media.

Until next month.

Regards

 

Salim A Nathani

Economic Update 2019 Q2

Hello Everyone. Here is the much anticipated Benzer Capital Economic Update for 2019 Q2. There are many key economic aspects highlighted. The Dangers and Opportunities section on page 6 continues to be the fan favorite. As an added bonus, I am also including the 2019 Q1 economic update for those that missed our Feb Success Stories event. Share your thoughts and feedback on our update in the comments section. If you would like to learn more or have a discussion, you can start a conversation here http://www.benzercapital.com/contact-benzercapital.


What to expect from this blog

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Salim A. Nathani

I have committed to write a post each month and set my calendar to do so. I might just surprise myself and write more. Time will tell. These posts will generally fall under one of the following categories:

  • State of global and US economy

  • Identifying the long term trends in financial markets

  • Issues pertaining to personal finance specifically in estate, tax and investments

  • Managing investment risk

  • Info and updates on Benzer Capital, our team, my life and work

Some may find the topics exciting and others not so much. I will attempt to make it a fun read with pictures, stories, videos and podcasts. Perhaps a sprinkle of the famous Mr. Nathani Quotes or humor of the day.

If you are wondering who I am or want to learn more about my work, you can check out this link and learn more. You can also read my story and what motivated me to get started on the path to generational planning.

Until next time.

Salim A. Nathani

Tax Planning 2018

Are there any opportunities for executives with large amounts of corporate stock in the 2018 tax law changes?

 

With the new tax law changes, there will be many executive who may be moving to a lower tax bracket. Such executives may want to take advantage of several opportunities before the law sunsets on Jan. 1, 2026. First consideration can be to exercise option on nonqualified stock options [NQOs] at the lower tax rate. Second, consider exercising incentive stock options [ISOs] because they may no longer be subject to the Alternative Minimum Tax [AMT]. For more significant tax savings an Executive can consider electing Section 83(b) with respect to any future grants, whereby allowing more of the appreciation in the shares to be taxed at capital gains rates rather than as ordinary income.

 

If these considerations apply to you and you have further questions we can answer and provide further guidance, reach us at info@benzercapital.com | www.benzercapital.com | [713.979.2300].

Overcome Bad Trust Advice

With tax law changes many trust and trust advice may be outdated and overly simplistic. To address this issue consider the following ideas:

- The current estate, gift and GST tax exemption is a whopping $11.8 million, but that amount will be halved in 2026, so you and your family should try to mitigate before such change. Using the exemption requires that the person makes a gift that removes funds from their estate.
- Do you need access to assets that you gave away? Consider strategies to create adequate access.
- Determine if you can benefit from a traditional grantor trust (grantor sets up the trust and pays the income tax) or a non-grantor trust (the trust, not the grantor, pays income tax on trust income).

Consult your estate planner or reach out to us at
www.benzercapital.com [713.979.2300] for further guidance.