Thinking outside the box, without stepping out of bounds.
Chernoff Diamond sets the standard with “business smart” plans that are efficient, effective and responsive to the specific needs of each client.
The Direct Recognition VIP plan is designed to the specific objectives of each plan sponsor. Participant account balances increase/decrease in direct relationship to investment results.
Direct Recognition VIP eliminates the under/over funding complications of traditional DB and Cash Balance plans, and increases contributions far in excess of defined contribution Profit Sharing/401(k) plans.
ADMINISTRATIVE EASE – HIGH TECH, HIGH TOUCH
The professionals at Chernoff Diamond combine “business smart” perspective with state of the art systems to design, implement and administer cash balance, 401(k) plans, profit sharing and traditional pension plans.
- Maximum Flexibility
- Self-Directed Accounts
- Unlimited Investment Choices
- Dedicated Service Consultants
Online participant account balances and administrative reports, 24/7.
I HAVE ADDITIONAL QUESTIONS; WHERE CAN I GET MORE INFORMATION?
For more information, please visit our Direct Recognition Variable Investment Plan (VIP) FAQs page. You may also contact one of our Retirement Advisors today at 516-683-6100 or by email at 411Pensions@ChernoffDiamond.com.
This information is intended for educational purposes only and should not be construed as an offer to buy or sell any product or strategy. You should contact your Financial Advisor with questions regarding your individual circumstance.