Auto Insurance

Are you in need of top notch Illinois car insurance? Well look no further! Better Business Planning is here, and we want to provide you with Illinois vehicle insurance that will both meet your coverage needs and stay within your budgetary limits. Each of the auto insurance policies that we offer here at Better Business Planning are unique – they are built specifically to meet the needs of our individual customers. If you would like to learn more about what our insurance experts recommend for you to include in your auto insurance policy, simply call our office or fill out our quick and easy online quote form, available on each of our insurance solutions pages. No matter how you contact us, a Better Business Planning agent will get to work right away building you a personal policy.

Home Insurance

Your home is much more than just the place you rest your head. When you are considering how you wish to insure a place as important as this, why would you do it with anyone other than Better Business Planning? When you get a quote for Illinois homeowners insurance from our insurance experts, we will include all the basic coverages for your consideration. These include coverage for your possessions and the structure of your home, as well as financial protection against liability concerns. In addition to these basic concerns, our insurance representatives will answer any questions you have about the additional Illinois home insurance coverages you may need, including flood, earthquake, and floater insurance.

Group Health

If you are a business owner, have you considered the countless advantages to offering your employees group health insurance? First and foremost, an Illinois group health insurance plan will help your business recruit and maintain the best employees available in your industry. On top of that, a group health insurance plan can be very beneficial to your employees, as even employees with a history of medical issues cannot be turned down for an Illinois group health insurance policy. If you would like to speak to a representative of Better Business Planning about the rest of the advantages your business can acquire with a group health insurance plan, simply call or fill out our simple online quote form. You’ll be glad that you did!


When it comes to planning for your retirement, don’t leave anything to chance – let the professionals at Better Business Planning help you through the planning process step by step. Call, click, or stop by our office to consult with one of our Chicago financial services experts. Our agents can help you define your retirement goals, as well as devising a strategy of how to get you there! We offer our clients regular reviews of their financial standing, and can help you plan for estate taxes and gifts alike. If you are looking for the one-stop-shop for insurance solutions and financial and retirement planning, we are so glad you are considering Better Business Planning. Our agents are looking forward to speaking with you about your plans for the future.

Home » Product Offerings » Defined Benefit Plan

Defined Benefit Plan

Do you know the definition of a defined benefit plan? Or when it is useful to have a cash balance plan versus a different savings plan? Learn all your options now with Better Business Planning!

A defined benefit plan is a type of retirement plan. If you are looking into all the different options available when it comes to retirement plans, these are definitely something you should consider.

On average, when people think of retirement plans, they consider defined contribution plans. In these examples, you define the amount of money (or the percentage of your paycheck) you wish to put toward retirement. With a defined benefit plan, the participant instead defines the amount of money they wish to be provided monthly at the time of retirement. Using this number, the contributions made to the account are calculated.

Typically, this type of plan is most effective for those employees that wait longer than normal to begin planning for retirement. Most defined or cash balance plans are begun by individuals aged 45 or over. In some instances, though, a defined benefit plan can be useful for younger individuals.

If you would like to speak to an expert about your retirement, and if a defined benefit or cash balance plan is right for you, simply fill out our online quote form or call our office today. At Better Business Planning, our agents are always happy to speak with you about your retirement plans.

Securities offered through Financial Telesis Inc. Member FINRA/SIPC.

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