Retirement Plans

moneySmall Business Retirement Plans

A retirement plan for your business can provide you with several important benefits:

  • Build your own retirement assets
  • Assist in attracting and retaining critical talent
  • Reduce personal income taxes
  • Shelter assets from creditors Selecting the right plan from so many alternatives: 401(k) (regular, single-person, Roth, Safeharbor), SEP, Simple IRA, Profit Sharing, Defined Benefit, Cross-tested…. can be a challenge. We can guide you through the maze of plan features, benefits, and costs based upon:
  • How much you want to be able to save toward retirement
  • Whether the business can afford to make any contributions toward retirement accounts
  • How much administration is required by a plan
  • How much the administration costs
  • What the ages and lengths of service are for your employees By understanding your goals and the business’ situation we can help you determine the most cost-effective plan that meets your savings and affordability goals.