A retirement plan has benefits for you, your business, and your employees. Invest now for financial security when you and your employees retire, attract and retain the best employees, and benefit from potential tax advantages and other incentives. We offer a variety of plans for you and your business, regardless of its size.
These days, an IRA, or Individual Retirement Account, remains one of the best ways to make sure you’ll be financially secure throughout your retirement years. Choose from a variety of investment options to secure your future.
Give your old 401(k) a fresh start by rolling it over to an IRA.
For business owners with a small number of employees, a SIMPLE IRA plan (Savings Incentive Match Plan for Employees) allows both the employees and employer to contribute to traditional individual retirement arrangement (IRA) plans set up for the employees.
Defined contribution 401(k) plans allow employees to make contributions from their paychecks. Also available are 403(b) tax-sheltered annuity (TSA) plans offered by public schools and certain tax-exempt organizations.
This is a type of defined contribution plan that allows the plan or employer to determine annually how much will be contributed to the plan (out of profits or otherwise).
Known as a traditional pension plan, this type of plan promises participants a specified monthly benefit at retirement. Benefit may be based on factors such as their salary, age and years worked for the employer.
Designed to meet specialized retirement needs for key executives and other select employees, these plans are also exempt from the discriminatory and top-heavy testing to which qualified plans are subject.
With SEP plans, employers contribute on a tax-favored basis to IRAs owned by their employees. SEP plans are generally easier to manage and administer than other types of retirement plans.
Disclosure:
Always consult with your independent attorney or tax advisor before making any tax-related financial decision, or changing or implementing any financial, tax or estate planning strategy.
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