Welcome to Bluespring Wealth – California. The roots of this new firm run deep through the legacies of Bedell Frazier Investment Counselling and Capital Planning Advisors. These were evolutionary firms with storied histories of risk-taking
At Bedell Frazier and Capital Planning Advisors, our mission has always been simple: provide thoughtful, objective guidance for our clients throughout every season of life. As the wealth management landscape evolves, we believe the best
Up, up, and away has certainly been the theme for stocks all Spring. Actually, blast off is more like it. Nothing has stalled this mighty ascent. Tech Stocks continue to lead the charge higher. The
It depends on your business size, cash flow, employee structure, and long-term goals. Some business owners prioritize flexibility and ease of administration, while others want higher contribution limits or additional tax advantages. Options may include 401(k) plans, profit-sharing plans, SEP IRAs, or pension plans. The right fit often depends on how much you want to contribute, whether you have employees, and how the plan supports your broader business strategy.
Not always, but many businesses choose to offer retirement plans as part of a broader employee benefits strategy. Retirement benefits can help support recruitment, retention, and employee satisfaction while also creating savings opportunities for business owners. Whether it makes sense depends on factors like business size, budget, workforce needs, and long-term company goals.
A 401(k) plan typically allows employees to contribute part of their paycheck into retirement savings, often with optional employer contributions. A profit-sharing plan allows the business to make discretionary contributions on behalf of employees. Some businesses use one structure, while others combine both. The right approach depends on contribution goals, cash flow consistency, employee demographics, and administrative preferences.
Certain retirement plans may allow contributions to be made on a pre-tax basis, which can reduce taxable income for the business and, in some cases, the owner. The overall impact depends on the type of plan, contribution amounts, business structure, and broader tax situation. Retirement planning is often most effective when coordinated alongside a larger financial and tax strategy.
A fiduciary is responsible for acting in the best interest of the retirement plan and its participants. This may include monitoring investments, reviewing fees, and providing plan management oversight. Different providers may take on different levels of fiduciary responsibility, so it’s important to understand how oversight and accountability are structured within the plan.
Retirement plans often benefit from regular reviews, especially when your business experiences growth, staffing changes, or shifts in profitability. Changes in tax laws, employee demographics, or long-term business goals can also impact whether your current plan still fits your needs. Some businesses review plans annually, while others may need more frequent evaluations depending on complexity.
Many businesses use retirement and executive benefit strategies as part of a broader retention plan. Offering meaningful long-term benefits may help create alignment between leadership goals and company growth. Options can range from traditional retirement plans to deferred compensation or executive-focused benefits. The right structure depends on company goals, workforce needs, and how leadership incentives are designed.
Non-qualified retirement plans are benefit arrangements typically designed for executives or key employees rather than the broader employee base. These plans often provide more flexibility than traditional qualified plans and may include deferred compensation or supplemental retirement benefits. Whether they make sense depends on factors like company structure, compensation goals, retention needs, and long-term planning objectives.
It depends on the type of plan and the level of support provided by advisors and plan administrators. Some responsibilities may include overseeing plan decisions, reviewing investments, or ensuring compliance requirements are met. Many business owners work with financial professionals and third-party administrators to help manage ongoing responsibilities and keep the plan aligned with business goals.
