Alert! Social Security is not enough to live on by itself. Monthly Social Security payments account for 25-30% of a person's total income in retirement. It was never intended to be the only source of income. there is an old saying "if it is meant to be, it is up to me". Saving for one's retirement is not a nice to do, but it is a MUST DO! If you have any further questions on which retirement plan might be best for you to set up, just give me a call to discuss.
Alert! Social Security is not enough to live on by itself. Monthly Social Security payments account for 25-30% of a person's total income in retirement. It was never intended to be the only source of income. there is an old saying "if it is meant to be, it is up to me". Saving for one's retirement is not a nice to do, but it is a MUST DO! If you have any further questions on which retirement plan might be best for you to set up, just give me a call to discuss.
"Powered by Mazars", A series of seminars for independant accounts. This presentation focuses on share schemes, employee benefits, pension planning and remuneration planning.
This "Brief Guide" gives information on Alternatives to Redundancy which may be implemented by a company who is potentially facing a redundancy situation. This document may be downloaded at http://www.collierbroderick.ie/Services/HR%20Support/Redundancy.asp
How to reduce portfolio risk through periodic re-balancing. The impact of dividends on total portfolio return. Thoughts on Social Security’s future.
Investment Styles: Large growth versus large value
Small business healthcare reform questions taken and answers given during a recent Healthcare reform webinar hosted by Ohio CPA firm - Rea & Associates -
The Defined Benefit Plans used to be the standard for pension plans. Over the last 10 years, many companies have been phasing out these plans in favour of Defined Contribution Plans. at http://maryrue03august.bravesites.com/entries/financial-services/benefit-of-pension-plan-work
"Powered by Mazars", A series of seminars for independant accounts. This presentation focuses on share schemes, employee benefits, pension planning and remuneration planning.
This "Brief Guide" gives information on Alternatives to Redundancy which may be implemented by a company who is potentially facing a redundancy situation. This document may be downloaded at http://www.collierbroderick.ie/Services/HR%20Support/Redundancy.asp
How to reduce portfolio risk through periodic re-balancing. The impact of dividends on total portfolio return. Thoughts on Social Security’s future.
Investment Styles: Large growth versus large value
Small business healthcare reform questions taken and answers given during a recent Healthcare reform webinar hosted by Ohio CPA firm - Rea & Associates -
The Defined Benefit Plans used to be the standard for pension plans. Over the last 10 years, many companies have been phasing out these plans in favour of Defined Contribution Plans. at http://maryrue03august.bravesites.com/entries/financial-services/benefit-of-pension-plan-work
Sir/ Madam,
I am happy to send you my resume for senior post (Sales). In researching the FMCG /Beverages /Foods & Consumer Durables industry, I noted Ethical Globule's leadership position in Sales and development and in making its products available to underprivileged populations. Having decided to develop a career in Beverages/FMCG/Foods & Consumer Durables sales and marketing, I am excited about the prospect of making a contribution to Ethical Globule's worldwide sales force, and I am attaching a resume for your review.
In several years of professional sales experience, I can list these achievements, which highlight my selling and leadership skills:
Earned designation as top performer in my region for four consecutive quarters
Received several letters of commendation from new customers for excellent customer service
Assisted in the training of new-hires in the sales organization and contributed to the update of the selling skills module of the training program
In the current tough marketing environment, I understand how essential it is to master the art of selling products while providing sustained, exceptional customer service, which exceeds client expectations. I am eager to learn the product knowledge essential to presenting both products effectively to physicians. A natural 'people-person,' I look forward to meeting physicians and to representing Ethical Globule's products to them.
Respected Sir,
Thank you in advance for reviewing my resume. I look forward to the opportunity to meet with you in a face-to-face interview, where you can assess first-hand the qualities of excellence and leadership I hope to bring to your organization.
Kind Regards,
Satyann Kumar
Parle Agro Pvt. Limited
Regional Sales Manager
West- India
Indore, M.P. INDIA
Mobile – 098933-53197
Positive attitude always breeds you motivation and optimistic approach towards your dream and that attitude brings you more enterprising towards opportunities that come your way. Positive attitude always leads to positive action and positive action always leads to positive result and this will leads to encourage others support and help of your endeavors to bring you the success.
Success is the natural consequences of consistently applying the fundamentals
Slide presentate al Seminario di Empowerment presso il Dipartimento di Psicologia delle Nuove tecnologie sull'applicazione smartphone del Contest Nokia University Programm 2011
The missing link in mHealth. How do we break down the glass wall between consumers/patients and the medical professional community.
A presentation at HealthCamp San Diego by Mark Scrimshire and Robert Furberg.
CORPORATE CAPTIVE THINKING
It’s time to understand the fundamental concepts inherent to captive insurance companies. It’s time to allow 2020 to be the year of self-examination, reflection and change............Joe T.
HUB's supplement guide explains how a business interruption policy covers your lost income during a disaster and how it fits with your overall business insurance solutions.
Learn more at: https://www.hubinternational.com/products/business-insurance/business-interruption-insurance/
Lost your job ? Dont know where to turn ? We are here to help !Bryan Milne
You may be faced with a number of challenges that go along with a career transition. You need advice on severance payments, monthly cash management, Tax issues with lump sum payments, transfer of Employer investment, retirement or health befit plans. We have a complete team of industry experts that work together to deliver a comprehensive written financial plan that deals with the facts of this event and help you adjust to the new future.
The most precious asset of any business is its executive team. Part of the struggle that closely held (and public) companies face is their ability to attract and retain key employees. An executive bonus plan may be an effective strategy to hire away from your competition and keep your top people with your firm.
BIZGrowth Strategies - Workforce & Talent Optimization Special EditionCBIZ, Inc.
Amid today’s economic uncertainty, we know you need strategies and solutions that will help your business thrive. With workforce and talent concerns running high for employers across the nation, our experts developed these articles with those critical issues top of mind. We offer fresh insights designed to attract, retain, engage and motivate your employees — all while protecting your bottom line and managing emerging risks. Articles include:
- Unlock Success with Effective Performance Management
- How Employers Can Benefit from Financial Wellbeing Programs
- How to Talk About Hard Decisions During a Recession
- Cost-Effective Health Plan Perks to Consider in 2023
- 3 HR Strategies to Recession-Proof Your Organization
- Responding to Employment Practices Liability (EPL) Claims
- Versatility — Important in Life & Life Insurance
Becoming an introducer for us is simple, if you know a business who could benefit from any of our services, then pass us the lead. If we create any business from the lead then we will pay you, Simple.
A business succession plan helps you plan what your business will become when you retire and how your business fits into your retirement plan. Even if you think you’re years away from slowing down, the need to address these questions is a pressing one – you need to put an exit strategy in place today.
1. An Educational Guide
for Business Owners
Seeing beyond the risks
Disability Income Insurance
Insurance Strategies
2. A snapshot. A point in time. A step back.
Whatever you call it, taking a moment to look at the
business you’ve created is a good decision. Doing so
provides the opportunity to see where you are, where you
want to go, and if you have the right structure in place to
get there. It also lets you see what risks you may face so
you can address them quickly and efficiently – in a way
most favorable to your bottom line.
You took a risk when you started your business. Now is
the time to see beyond the risks, and focus on how you
want your future to look.
3. Business Structure
An easy way to ‘take a step back’ is to look at three distinct areas of your company; its Leadership, its
Operations, and its Execution. Your MassMutual financial professional can assist you in completing
the simple chart.
Leadership Operations Execution
_____________________ % Revenue _____________________ % Revenue _____________________ % Revenue
_____________________ % Expenses ____________________ % Expenses ____________________ % Expenses
Include listing of owners, partners (and share) Include expenses from operations, specifically Include # of employees (by type, function, or
and key employees. Also include tax reporting leases, rents, utilities, and other overhead duty), associated payroll, incentive pay
structure, influencers such as attorneys & CPAs, costs. Also consider inventory, research & programs, benefit offerings (health, disability,
and business lifecycle stage. development, and equipment costs. other) and applicable retirement plans.
1
4. What do you see?
Once the chart on the previous page is complete, some issues may be easy to see. Other issues
may not. You also may be asking yourself a few questions, such as:
Questions Notes
From which area of the business is
most of my revenue coming from?
Can I generate revenue from
other areas?
Do expenses from a particular
area match the value it provides to
the business?
How much does my company rely
on the daily presence of key
employees and partners?
Am I compensating my employees
appropriately? Am I providing
meaningful benefits?
If one business area couldn’t
function, could the other two areas
continue uninterrupted?
How closely is my personal income
and long-term financial strategies
tied to the company’s success?
Additional questions you may have:
2
5. Where should you look next?
Many of the issues or risks that you may discover can be addressed with a well thought out
business plan that uses disability income insurance as its foundation.
Disability income insurance can help the business owner on both a personal
level and a business level. In the event you become too sick or hurt to work, MassMutual understands the
our disability income insurance polices can help to: unique needs of small business
owners. That’s why we have a
• Cover the operating costs of the business
portfolio of disability insurance
• Provide the funds for small business partnership buyouts
products designed with the small
• Replace a portion of lost earnings business owner in mind.
• Help protect the ability to make retirement contributions
Disability income insurance protection can also be made available to
your employees.
3
6. Disability Income Insurance Business Overhead Expense
Designed especially for professionals, business owners and Business Overhead Expense (BOE) disability insurance
corporate executives, a Radius disability income insurance
®
helps cover the day-to-day business expenses that
policy helps you protect a portion of your income should you help keep the company’s doors open – for up to two
become too sick or hurt to work. years – should you become totally disabled. Employee
salaries, rent, leases, interest on debt and insurance
Once you’re covered by Radius, your rates will not change and
premiums can all be covered by the policy. Even your
your policy cannot be cancelled, provided premiums are paid on
temporary replacement’s salary.
time. Radius provides both total disability and partial disability
coverage. If you are partially disabled and return to work in your BOE is specially designed for companies with a maximum
occupation or a new one on a limited basis, our Extended Partial of five owners and eight employees. BOE covers owners
Disability Benefit rider (available for an additional cost) can and professionals who are actively involved in the business
help cover the subsequent difference in income. on a full-time basis and whose presence is critical to its
ongoing operation. Even more importantly, BOE can
Radius helps you protect your income with portable,
provide your employees with some assurance that you’ve
non-cancelable coverage to age 65. It can be used to
taken the precautions to help keep your business, and their
supplement any group long term disability (GLTD) coverage
source of income, viable in the event you become disabled.
that may not be adequate, helping you protect a larger portion
That’s good for employee retention.
of your income.*
BOE covers total disability and partial disability. This
Individual disability income insurance is also a much
important coverage is non-cancelable and provides
sought after employee benefit that can be made available
protection up to age 65.
to company employees. You or your employees can enjoy
discounted premiums.
* The Radius policy does not coordinate with your group long term disability coverage. Claims decisions are rendered independent of each other.
4
7. Disability Buy-Sell Qualified Sick Pay Plan
You might be surprised to learn that the IRS has ruled that
Disability Buy-Sell insurance is designed to fund the
if a Qualified Sick Pay Plan is not established prior to a
disability portion of a formal Buy-Sell agreement. The policy
disabling accident or illness, the “wages” paid to a disabled
provides funds for the purchase of the insured’s share of the
employee are not a business expense and not tax deductable.
business in the event of his/her total disability.
With a Qualified Sick Pay Plan in place, you can establish
MassMutual’s Disability Buy-Sell policy covers
company policy ahead of time – before an employee
partnerships and professional corporations comprised of
disability occurs. The plan identifies who to pay, how much
five or less principals. The owner may be the corporation,
to pay, when to start payments, and how long to pay.
partnership or each owner may own a policy on the other
owners. This Buy-Sell policy is conditionally renewable and You can fund your Qualified Sick Pay Plan with a disability
has guaranteed premiums up to age 65. income insurance policy issued on each employee to be
covered. This helps you avoid having to pay disability
The policy provides the active owner(s) the funds necessary
benefits out of your company’s assets.
to purchase the disabled owner’s share of the business, up
to the terms of the contract. It can also help define when An insured plan means MassMutual provides all insured
a buy-sell should take place, by incorporating the policy benefits payments, and assumes the responsibility for
definition of total disability into the buy-sell agreement. determining claims. This saves you the trouble of deciding
A solidly funded Buy-Sell agreement can demonstrate to what constitutes a disability and for how long benefits
investors, creditors, employees and customers that your should be paid.
business has plans in place and is prepared to meet the
unexpected challenges of a disability.
5