Retirement Plans
Offering your employees a flexible, cost-effective retirement plan can be one of the best ways to attract and retain talent. Administering an employee focused retirement plan shouldn't be expensive and certainly shouldn't be complicated. We work with dozens of carriers and any type of plan to help you find the one that fits best for your company and your employees.
Some of Our Retirement Plan Providers
401(k) & 403(b)
401(k) and 403(b) plans are the standard in the retirement benefit space. These allow for automatic employee contributions, "matching" contributions from employers and can offer somewhat robust investing options. However, there are a number of rules employers need to follow when setting these types of plans up for their employees. Let our team of professionals and plan providers set your plan up to your exact requirements.
SIMPLE IRA
SIMPLE IRA (Savings Incentive Match Plan for Employees) is a low-cost retirement account available to self-employed individuals and small businesses. It allows for employee pre-tax contributions and a mandatory employer contribution. However, these plans are ideal for those businesses that would like to offer a formal retirement plan without some of the headache of managing a typical 401(k) plan.
SEP IRAs
SEP IRA (Simplified Employee Pension) is another option for self-employed or small businesses. It allows for contributions up to 25% or $72,000 (tax year 2026) whichever is less. Only employers can contribute to these accounts which makes them very ideal for smaller businesses in which employees are also the owners. These businesses include lawyers, doctors and other highly compensated white collar professions.
Solo(K) Plans
Also known as an Individual(k) or Uni-K is a 401(k) plan for a solo business owner with no employees. These plans can be a very powerful retirement savings plan for solopreneurs as they can, when set up properly, allow you to contribute both as an "employee" and also as the "employer."
Payroll Deducted IRAs
Payroll deducted IRAs allow for a very simple way for employees to save. It is an automated payroll withholding that goes directly into an employee directed IRA. These do not offer any employer "match" but can be a powerful way to automate employee savings. There is typically no cost to the employer in setting this up as an option making it the most cost-effective way to offer a way for employees to save.