Who We Serve
Guidance for Executives at Discount Tire
Discount Tire’s provides some fantastic benefits for you and your family. We help families make the most of their benefits, such as the 401(k), the VUL, and the Wealth Accumulation Plan, into one clear strategy.
Make the Most of Your Benefits
Discount Tire has great benefits for its employees. It’s just a matter of how to maximize them. No matter how far from retirement you are, Vision Based Planning has helped Discount Tire executives navigate their plans for over a decade.
How We Help
Understanding the Wealth Accumulation Plan (WAP)
The WAP is a fantastic benefit that Assistant Vice Presidents and above receive. However, there’s a lot of confusion over how it works, how to get the full match, and how to maximize its use. It’s important that you understand how your elections will affect you, your taxes, and your plan.
What All We Help Discount Tire Executives Do With Their WAPs
Education: We’ll go over what the WAP actually is and how it functions. A benefit this good shouldn’t be clear as mud.
Investment Allocation Analysis: Identifying an ideal allocation for your WAP based on your personal goals and risk tolerance.
Tax Analyses: What it will look like when your scheduled distributions come into the fray, and how you can work through the tax impact.
How to Actually Receive the Match: There’s a lot of misinformation on how to actually receive the company match on the WAP. We can cover whether you’ll actually receive the full match based on your current elections, and if not, how you can.
The Discount Tire 401(k)
A 401(k) is one of the most powerful retirement vehicles people can have. Yet it can feel like something we just set once and forget about without ever really knowing if its right for us. We work through how you can utilize the 401(k) to its full potential.
What We Can Do With The 401(k)
Pre-Tax vs Roth Guidance: We'll evaluate whether Pre-Tax vs Roth contributions are the right fit for you based on your circumstances.
Investment Allocation Analysis: Much like the WAP, we can monitor the performance and allocation to ensure that it is allocated based on your personal goals and risk tolerance.
Navigating the Bonuses
You have some great bonuses, but it can be a challenge navigating just how they’ll impact you and how to use them effectively. We know the bonus schedule, and we can show you how it could impact you on Tax Day.
Bonuses
Tax Analyses: Your bonuses are a huge part of your compensation and as such, majorly affect your taxes. We can run projections on how much you should elect to withhold on your bonuses to make sure you don’t pay more to the IRS than you need to.
WAP Coordination: We can show you how your bonuses tie into the WAP to ensure that you receive the full company match on the WAP
Protecting Your Family’s Future with the Discount Tire’s Insurance and Health Plans
You care about protecting the people who matter most to you. Discount Tire offers you the opportunity to do so. We'll help you understand the numerous insurances Discount Tire offers you, including the VUL and the Bridge Medical program.
Which Plan is Right for Me?
The Choice Plus and Health Savings Plans are both good medical plans, but which is right for you? We’ll walk you through the tradeoffs of each plan and which would be a better fit for you and your family.
Frequently Asked Questions
I'm Getting Promoted, What Changes?
What Exactly is the WAP?
When Do I Qualify for the Bridge?
How Does My VUL Work? Should I Contribute to It?
Schedule a Call
Talk to an Advisor About Your Situation
Whether you're being promoted, switching territories, or just looking to make sense of your situation, we can help.