Question #1

Does your small-business client want to create a benefit for the business owner or for an employee?

Owner

Employee


Why is this relevant?

Plan design and tax issues are often contingent on whether the individual receiving the benefit is an employee or has an ownership position in the company. Minority owners may fit into either category.

The term “employee” may encompass an employee, a contractor, an outside director, or another other service provider.

For more information, contact Nationwide Business Solutions Group at: 1-877-351-8808.

Send us a note and we’ll get back to you ASAP.