Corporate Benefits

San Francisco Associates has extensive experience in the design of company-sponsored fringe benefit packages. Most companies today offer some level of employer provided benefits to the rank and file employees. Many would also want to provide additional benefits to certain employees.

A company must first establish the objectives it is trying to accomplish. Once established, we can help design an employment package that supplements an existing benefit program or we can completely restructure employees’ taxable compensation through benefit modifications.

San Francisco Associates can help you to:

1. Determine which employees should be offered supplemental benefits
2. Determine the most cost effective benefits to provide
3. Design a strategy for communicating the plan to the eligible employees
4. Implement the benefit plan
5. Monitor the plan on a continual basis.

"But how can I (an employer) selectively reward employees and secure personal financial objectives through company-sponsored, tax-advantaged programs?"

Some of the plans to consider include:

• Split-Dollar Insurance

  Provides tax-advantaged wealth accumulation and low-cost permanent life insurance for owners or key employees by splitting the premium between the business and the insured.

• Non-Qualified Deferred Compensation

  A retirement arrangement that permits selected key employees to voluntarily defer current pre-tax income until retirement. The plan may be designed to provide pre-retirement survivor benefits and to self-complete in the event of disability.

• Salary Continuation Plan

  A fringe benefit program, which provides retirement, disability and survivor benefits to selected employees or independent contractors. Requires minimal government reporting and disclosure.

• Selective Incentive Plan

  A popular incentive arrangement used in place of or as a supplement to a qualified retirement plan. A business makes discretionary tax-deductible contributions to the retirement accounts of selected key employees. There are no government reporting, disclosure, or non-discrimination requirements.

• Individual Long-Term Disability

  Provides benefits in place of or in addition to a group disability plan. An individual plan offers many distinct advantages over group long-term disability coverage.

• Financial & Estate Planning

  Financial & Estate Planning provided by an employer for employees is a perk rapidly growing in popularity. The employee obtains the advice from a financial counselor at no cost to the employer.