Your Business

Running a successful business is no small task—and things like your business succession plan, key employee benefits, and key person insurance may not be top of mind. I can help you take the next steps to protect your business—and your financial wellbeing—so you’re ready for unexpected changes and future transitions. I can help find a customized solution – let’s explore your options for helping to protect your business:


Your Employees

Helping you invest in your greatest assets. Your employees are essential to your business. Retain your best and brightest—and recruit new top talent—by offering retirement and group insurance benefits they’ve come to expect. Help create financial wellbeing, now and in the future. Explore benefits to help you stay competitive, meet goals, grow your business, and provide the financial protection you and your employees may need: 

  • Qualified Retirement PlansHelp attract and retain employees with a range of defined contribution and defined benefit retirement plans. Navigating through retirement plan options can be a challenging and exciting process. I would love the opportunity to help. From simple start-up plans to complex plans for large institutions, I offer defined contribution plan services to fit your business, including:

    • 401(k), 403(b), 401(a), ESOP, KSOP, and other retirement plan types

    • Plans tailored to for-profit, tax-exempt, governmental, and union organizations

    • Full-service or third-party administrator (TPA) service arrangements

    • Flexible integration with payroll providers

    • Administrative services that limit your involvement in participant transactions

    • Personalized participant education and engagement

  • Group BenefitsTailor group dental, disability, life, vision, and critical illness insurance solutions to fit the needs of your business and your employees.

  • Bonus PlansHelp your top people overcome limitations on qualified retirement plans with an added benefit for their value.

  • Employee Stock Ownership Plans: As a business owner, you may want to provide your employees with retirement benefits and a shared stake in your company’s success, while establishing a succession plan for your business. I'm here to help understand whether an ESOP can be right for your business. Together, we can help provide expertise and support you in setting up a plan that offers retirement savings primarily through employer stock and establishes an employee-owned company. For business owners, an ESOP can be a valuable piece of a succession plan. It can facilitate an efficient ownership transfer, letting you leave a legacy when you reach retirement or leave your company. You can exit on your timeline, not an outside buyer’s requirement. What makes an ESOP different? An ESOP is a retirement benefit. But it’s different than a 401(k) or pension plan.

    • It’s an exclusive option for C- and S-corporations.

    • Assets are primarily invested in company stock.

    • It gives you a flexible way to sell all or part of your business.

  • Nonqualified Deferred Compensation PlansExtra savings beyond qualified plan limits. Offering competitive benefits for top talent is important to the success of your organization. Nonqualified deferred compensation plans (deferred compensation plans) allow key employees to contribute additional tax-deferred compensation (up to 100%, depending on plan design) to their savings—and allow employers to make discretionary contributions as well.  This can often be an easy way to contribute more and eliminate any savings gaps for highly compensated employees, where appropriate. Is a nonqualified deferred compensation plan right for your organization? To offer a viable nonqualified plan, your business should meet certain criteria:

    • Public, Private C Corporation, Pass-through tax entity (for non-owners), or non-governmental tax-exempt business entity

    • Substantial business continuity and financial integrity

    • Highly compensated employees with a retirement gap due to qualified plan limitations


Your Lifestyle

Protecting your business is a top priority. But even more important is protecting your loved ones and the life you’ve built. Whether you want to prepare for retirement, create a plan if you become too sick or hurt to work, or leave a legacy after you’re gone, we can help. Together, let’s explore customized solutions for all your needs:

  • Business Owner StrategiesPlan for your retirement goals and request a complimentary analysis to get personalized recommendations.

  • Disability Income Protection: Help ensure your financial security—and your business—are protected if you become too sick or hurt to work.

  • Life Insurance: Learn how you can leverage life insurance to cover financial needs for your family and your business.

  • Legacy & Estate PlanningDesign a plan for the transfer of your personal and business assets, including trust and gifting strategies.



Insurance products issued by Principal National Life Insurance Co (except in NY) and Principal Life Insurance Co. Plan administrative services offered by Principal Life. Principal National and Principal Life are members of the Principal Financial Group®, Des Moines, IA 50392.

The subject matter in this communication is provided with the understanding that Principal® is not rendering legal, accounting, or tax advice. You should consult with appropriate counsel or other advisors on all matters pertaining to legal, tax, or accounting obligations and requirements.

Although an analysis from Principal provides a valuable starting point, it does not provide you with a legal opinion as to the legal or tax implications of agreements or to the appropriateness of any funding strategies. Principal cannot provide you with any legal document or revise existing legal documents. The review is intended to help identify your objectives and issues to be considered to help ensure those objectives are being met.