Life is unpredictable, and special needs planning isn’t always something that arises in childhood. If a loved one is injured in an accident or in military service, you might find yourself abruptly responsible for planning for their care when they are no longer able to do so themselves. Whether it’s a partner, sibling, or other adult family member, their care and comfort are still central in your priorities—and in ours.

Ensuring your disabled child or other loved one will always be cared for goes far beyond finances. If their disability prevents them from caring for themselves, regardless of how old they may be, you need to know that someone will be there to care for them if something happens to you.

This is often done in conjunction with estate planning, in which you can name a guardian for your child or other loved one, dictate how much money will be provided to the guardian for their care, and a number of other important steps to protect the person you love and their future.

If you have a child or other loved one with a disability and you’re concerned about their future care, contact Zircon Financial Services. We’ll guide you through the process of special needs planning and refer you to appropriate legal counsel so you can rest a little easier.

Can We Assist In Offering Employer Defined Benefit Planning?

Employee benefits planning is essential for both individuals and business owners to ensure they take advantage of available benefits, but it can be a daunting task. There are so many different options available.

The most common type of Employer Defined Benefit Plan is a pension plan.

Pensions

A pension plan is funded through contributions made by both the employer and employee and interest earned on those contributions over time.

The money in a pension plan will remain invested until it is needed for distribution to participants in the plan upon their retirement. However, there may be restrictions on when funds can be withdrawn from your account, depending on whether you have retired or not yet retired.

It can be hard to know which ones are the best for you and your family. That's where a professional advisor can help. A professional advisor will:

• Help you assess your needs and find the right benefits package for you, including Employer-Sponsored Plans, Health Insurance, Disability Insurance, and Retirement Plans.
• Help you plan for the future and ensure that you're taking advantage of all the tax breaks available to you.

Can We Assist In Offering Employee Retirement Plans?

Employer-sponsored retirement plans are a great way to save for the future. However, these plans' tax advantages and other features can be complex, so you may consider hiring a professional advisor to help you plan your retirement.

A professional advisor can assist with:

• Understanding your Options: Exploring all of your options is vital for choosing a plan that best meets your needs. We will help you learn about different plans and determine which one works best for you. Some people opt for a defined benefit plan, while others prefer a defined contribution plan such as a 401(k) or Roth IRA. Given your unique situation, a professional advisor can advise which type of plan will work best.
• Setting Up an Account: After deciding on the type of retirement plan that makes sense for you, an advisor can assist with setting up an account with the appropriate provider(s). If you have questions about how much money should be contributed each year or any other aspect of making contributions, your financial planner should be able to provide answers.
• Managing Contributions Over Time: Retirement planning takes time — and it's not always easy to stay on track with regular contributions. We can help keep track of them and keep everything updated.

Can We Assist in Employee Retirement Seminars?

There is a lot of discussion about retirement planning and business succession planning, and there are plenty of resources for people who want to do it on their own. However, many people find that they need some help, and they may turn to a financial advisor. We can give good advice, but what about retirement seminars?

We certainly can help with retirement seminars. We can provide expert advice with helpful tips on saving for retirement. In fact, we can offer a lot of value to employees who are trying to learn more about retirement planning.