Assisting a Construction Engineering Firm to Maximize Tax Savings with a Cash Balance Plan
Entering his 35th year of business and approaching retirement, the owner of a construction engineering firm recently approached our team. This owner was running a successful business but was facing significant tax burdens and wanted to explore options allowing him to minimize taxes. In this case study, we’ll explain how we used a Cash Balance […]
The Role of Financial Advisors in Helping Your Construction Workers Plan for Retirement
Construction workers are the backbone of our community, building and maintaining essential infrastructures. After decades of dedication and service, they have earned a much-deserved rest in retirement. With the right financial advisors, you can offer your construction workers a plan that gives them enough income to put their feet up for a well-earned retirement. Here […]
How to Handle 401(k) Administration for a Growing Construction Company
In the construction business, growth periods come with challenges. For instance, 401(k) plans and other benefits fuel the retention and recruiting goals that sustain growth. However, that same growth makes administering benefit programs all the more complicated. Still, adapting to challenges is just par for the course. Like anything else in the business, successful 401(k) […]
Using a Deferred Compensation Plan to Help a Construction Firm with Talent Retention
Retaining top talent in the construction industry has always been the key to long-term success. However, in today’s competitive market, lucrative offers are enticing construction professionals to switch companies. Competitors might seek out your top performers, offering higher salaries or attractive retirement benefits. Recently, Twelve Points worked with a mid-sized construction supplier to solve this […]
Revamping a 401(k) Plan to Optimize Efficiency and Align with Ownership Transitions
At Twelve Points, we were approached by a general contracting company struggling with managing its 401(k) plan. The company’s existing plan was outdated and caused numerous costly issues for the business. Complicating matters, an ownership transition was taking place. In the case study below, we’ll explore how our team helped this company redesign its 401(k) […]
Twelve Points Retirement Advisors Named to NAPA’s List of Nation’s Top DC Advisor Teams 2025
We are proud to announce that Twelve Points Retirement Advisors has been named to the National Association of Plan Advisors’ (NAPA) list of the nation’s Top Defined Contribution (DC) Advisor Teams. We’re proud to be named one of NAPA’s Top DC Advisor Teams—a reflection of our belief that true leadership means walking shoulder-to-shoulder with […]
Fourth Quarter 2024 Review
The S & P 500® was up 2.5% during the quarter, the MSCI All-Country World Index® declined by -0.8% and the Bloomberg Global Aggregate Bond Index declined by -5.1% as economic strength and sticky inflation in the US put upward pressure on US interest rates which reverberated across equity and bond markets around the World. […]
Greg Phillips and Manny Frangiadakis Named to NAPA’s 2025 Aces: Top 100 Retirement Plan Advisors Under 40
We are proud to announce that our very own, Greg Phillips and Manny Frangiadakis have been recognized by the National Association of Plan Advisors as two of the Top 100 Retirement Plan Advisors Under 40. The advisors on this prestigious list were selected from a pool of more than 500 nominations. They exhibit outstanding dedication […]
Third Quarter 2024 Review
Another quarter, another record high. The S & P 500® was up 5.8% during the quarter, the MSCI All-Country World Index® returned 6.4% and the Bloomberg Global Aggregate Bond Index rose by 7.0% as US Federal Reserve lowered the target Federal Funds rate for the first time in four years at their September meeting by […]
Second Quarter 2024 Review
The quarter started with a modest pullback in April but ended with a record rally that enabled the equity market to reach multiple new highs in June. The S & P 500® was up 3.9% during the quarter, the MSCI All-Country World Index® returned 2.9% and the Bloomberg Global Aggregate Bond Index declined by 1.1% […]