Do you own a business and are looking for a way to increase employee retention and loyalty? Do you need investment help or a new trustee for your company’s current retirement plan? Are you self-employed and searching for a retirement plan? Do you currently have more than one 401(k) with previous employers? Does your employer not offer a retirement plan?

Let our team help you find the solutions to best meet your needs! We offer:

• ESOP (Employee Stock Option Plan)

• This may be an option for you if:
  • You want to improve liquidity
  • You want to increase your cash flow
  • You want to increase your net worth
  • You want an advantages vehicle for the company to borrow money for business needs
  • You want to attract and retain loyal employees
     
• Advantages Include:
  • Employees received ownership interest in the company, which may provide a performance incentive
  • Creates a market for employer stock
  • Tax deferred savings for employees
  • Employer receives a deduction either for cash or noncash  contributions to the plan in the form of shares of stock

• Profit Sharing Plans

• This may be an option for you if:
  • You want to provide retirement contributions to employees on a discretionary basis
  • You want to attract and retain loyal employees
     
• Advantages Include:
  • Maximum contribution flexibility
  • Tax deferred savings for employees
  • Plan is simple and inexpensive to design and maintain
  • Employer is able to take a tax deduction up to 25% of total compensation of eligible employees

• 401(k) Retirement Plans

• This may be an option for you if:
  • You want to provide a retirement plan for employees at a minimal expense to your business
  • You want to attract and retain loyal employees
  • You want  a plan that is funded through employee salary deductions
     
• Advantages Include:
  • Tax deferred savings for employees
  • Plan allows employees more investment choices
  • Plan allows employees the opportunity to save more
  • Employer is able to take a tax deduction up to 25% of total compensation of eligible employees

• 401(k) Safe Harbor Retirement Plans

• This may be an option for you if:
  • You want to provide a retirement plan for employees at a minimal expense to your business
  • You want to attract and retain loyal employees
  • You want  a plan that is funded through employee salary deductions
     
• Advantages Include:   
  • Eliminates the need for nondiscrimination testing
  • Employer is able to take a tax deduction up to 25% of total compensation of eligible employees
  • Tax deferred savings for employees
  • Plan allows employees more investment choices
  • Plan allows employees the opportunity to save more

• Defined Benefit Pension Plans

• This may be an option for you if:
  • Your objective is to provide retirement income to employees
  • Your goal is to maximize retirement income level of older employees
  • You want to attract and retain loyal employees
     
• Advantages Include:
  • All employees, regardless of age, are provided retirement income
  • Tax deferred savings for employees

• SIMPLE (Savings Incentive Match for Employees)

• This may be an option for you if:
  • You are looking for a plan that is easier and less expensive than a profit sharing plan to install and administer
  • You have 100 or fewer employees
  • You want  a plan that is funded through employee salary deductions
     
• Advantages Include:
  • Totally portable since funding is held entirely in a SIMPLE IRA
  • Can be funded in part by employee salary reductions
  • Tax deferred savings for employees

• SEP (Simplified Employee Pension)

• This may be an option for you if:
  • You are looking for a plan that is easier and less expensive than a profit sharing plan to install and administer
     
• Advantages Include:
  • Tax deferred savings for employees
  • Totally portable since funding is held entirely in a SEP IRA
  • Provides as much or more flexibility in the timing of contributions as a qualified profit sharing plan

• Traditional IRA (Individual Retirement Account)

• This may be an option for you if:
  • You are looking for a tax deferred vehicle for your investments
  • You objective is long-term growth for retirement
  • You need an alternative or supplement to your existing retirement plan
     
• Advantages Include:
  • Tax deferred savings
  • Annual maximum deductible Traditional IRA contribution can be made each year
  • Investment income is not taxed until withdrawn
  • More investment options for diversification of risk and return
  • Complete control of choosing the investments in your account

• Roth IRA

• This may be an option for you if:
  • You want to defer taxes on investment income
  • Your objective is long-term growth for retirement
  • You need an alternative or supplement to your existing retirement plan
  • You want to take advantage of the tax benefits not available in a Traditional IRA
     
• Advantages Include:
  • Tax free withdrawals are available after you have met the requirements
  • Roth IRA contribution eligibility is not restricted by active participation in an employer retirement plan
  • Contributions can be made after age 70 ½
  • Not subject to minimum distribution rules until the death of the Roth IRA owner
  • Complete control of choosing the investments in your account

• Rollover Options for retirement plans and/or IRAs

• This may be an option for you if:
  • You have more than one existing retirement plan or IRA and want to combine all assets
  • You are looking for a tax deferred vehicle for your investments
     
• Advantages Include:
  • Combining retirement accounts leads to easier tracking and reporting
  • Defer taxes on investment income
  • Your objective is long-term growth for retirement