Business Retirement Plans
BETTER RUN BUSINESS
A well designed 401(k) or similar retirement plan helps create financially healthy employees who are less stressed and more loyal. A well-managed plan allows management to focus on business instead of compliance or legal headaches associated with a high hidden fee plan put in place years ago.
EASE OF IMPLEMENTATION
We design low-cost quality retirement plans including SEP, solo 401(k), 401(k) and 403(b) plans. This includes fund selection, employee education while ensuring compliance and IRS requirements are being met.
|INCREASE SAVINGS & LOWER TAXES|
Jane, 35, runs a successful digital marketing company called Jane Digital and is the only employee. Jane pays herself a salary of $185,000 and puts $56,000 of this tax-free into her Jane Digital Individual 401(k) Plan. Sweet!
Jane had us organize a solo 401(k) plan allowing her to contribute $19,000 in 2019 plus 20% of her salary or $37,000 for a total of $56,000 annually. This is a hypothetical example based on a real situation.