Skip to main content

Business & Agribusiness Wealth Preservation

Preserve your business or agribusiness operation with asset transition planning. Developing strategies can help give you peace of mind, knowing that the business or farm that you have built or has been in your family for generations will be preserved and remain a legacy for generations to come.

Effective transition planning may involve:

Retirement Plans

Customarily, retirement plans provide income tax benefits to business & farm owners. As an added benefit, they may be a key to attracting and retaining employees Types of retirement plans include:

  • Traditional 401(k) – Medium to large size companies with over 100 employees
  • Solo 401 (k) – Companies with only an owner and spouse as employees
  • SIMPLE IRA – Companies with less than 100 employees
  • SEP IRA – Companies with one to several employees
  • 403 (b) plans – Non-profit organizations
  • Defined Benefit Plans – Traditional pension plans

Mutual Funds

As an investment strategy, mutual funds may provide a way to help your business or operation weather low business sales, crop and livestock price fluctuations, regulatory changes, and equipment issues. Mutual funds may also provide an important component in the transition plan of the business or farm to the next generation.


Many business and farm owners find that annuities provide an income during transition years, allowing more of the operational income to be passed on to the next generation.

Life Insurance

The next generation may include family members who may or may not want to be involved in the business or farming operation. A life insurance policy may help ensure the transition of the farm or business is completed according to your wishes.

Long Term Care Insurance

You may be able to avoid liquidation of assets to pay for the increasing costs of long-term care.

*Interra Investment professionals are registered representatives of CUNA Brokerage Services, Inc. Representatives are registered, securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor which is not an affiliate of the credit union. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution. CUNA Brokerage Services, Inc., is a registered broker/dealer in all fifty states of the United States of America.**Prior to requesting a rollover from your employer sponsored retirement account to an Individual Retirement Account (IRA), you should consider whether the rollover is suitable for you. There may be important differences in features, costs, services, withdrawal options and other important aspects between your employer sponsored retirement account and an IRA. FR-2745448.1-0919-1021.