Areas of Expertise
Business owners are often so busy building their business that they don't take the time to protect what they have built. Neoni Wealth Strategies works with you to help ensure precautions are taken to help the business reach their future goals. We are taking the time to ask you about your concerns by completing a risk assessment that will give you insight on specific planning needs.
It's important for you to find solutions that can help secure education for your children (or grandchildren) while providing flexibility if other needs arise.
Key employee planning is one of the four key areas of planning with business owners. As we know, the most critical component to a successful business is the owner and their team. Key employee planning helps businesses develop a plan that will enable them to recruit, retain and reward top talent to ensure continued growth of the business.
Executive Bonus Plan
Deferred Compensation Plans
We work with you to plan a cost-effective and tax-efficient method of funding estate liquidity. Some popular estate planning techniques include:
IRA Wealth Transfer
Irrevocable Life Insurance Trust (ILIT)
Multigenerational Legacy Planning
Survivorship Standby Trust (SST)
Premium Financing Program
You invest in order to reach your goals and realize your dreams. You know that the future — both for yourself and your family — will largely be shaped by the financial and investment decisions you make today.
Everyone has a different risk tolerance when it comes to investments and the stock market. We help assist in creating a plan that is unique for the individual based on the type of risk taker they are.
You can no longer rely just on Social Security and your employer-sponsored plans for retirement income. As we help you plan for a comfortable retirement it is important to include a variety of assets which will provide both taxable and tax-free income in retirement.
Typical retirement accounts consisting of assets such as 401(k), mutual funds, CDs, and annuities that will provide income which is taxable in retirement. It is also important to include other types of income tax-free sources such as permanent life insurance and Roth IRAs in your retirement plans.
Permanent life insurance is a powerful part of a sound financial plan. It provides critical protection for loved ones and can build cash value that can be used for other future needs.
One of the keys to a sound financial strategy is spending less than you take in, and then finding a way to put your excess to work. A money management approach involves creating budgets to understand and make decisions about where your money is going. It also involves knowing where you may be able to put your excess cash to work.