Simplifying Retirement

Setting up retirement plans can seem complex and intimidating. Follow along with us as we simplify the process, define terminology, reiterate important deadlines, and find solutions in an easy to understand method.

Not sure where to begin? Take our Retirement Plan Evaluator to get an idea!

 

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The “New” Work Environment: How to Attract Employees After COVID-19

No one outside the scientific community may have seen the coming of the COVID-19 pandemic. But come it did, and with it came significant shifts in various aspects of our life, including changes in the labor market.  The last thing that employers would have thought of...

How To Get Your Employer To Add A 401k Plan

Once upon a time, many employees working at private companies depended on a traditional, defined-based pension from their employer.  These days, many are pondering how to get their employer to offer a 401k plan. In 1978, 401(k) plans were created as a supplement to...

The Pitfalls To NOT Having A 401k Offering

In January 2021 it seemed that everyone you ran into on the street was discussing the latest developments in the stock market. The experience was rather jarring for some. There has always been a class of people that meddles in the stock market, but it seemed that...

Introducing the QACA Safe Harbor 401k

As an employer, there are two general goals attempting to be met when starting a retirement plan.  Either to retain and recruit high quality employees, or to save money on taxes while saving for your own retirement. For most, the Safe Harbor 401k is an easy way to...
How To Get Your Employer To Add A 401k Plan

How To Get Your Employer To Add A 401k Plan

Once upon a time, many employees working at private companies depended on a traditional, defined-based pension from their employer.  These days, many are pondering how to get their employer to offer a 401k plan. In 1978, 401(k) plans were created as a supplement to...

read more
The Pitfalls To NOT Having A 401k Offering

The Pitfalls To NOT Having A 401k Offering

In January 2021 it seemed that everyone you ran into on the street was discussing the latest developments in the stock market. The experience was rather jarring for some. There has always been a class of people that meddles in the stock market, but it seemed that...

read more
Introducing the QACA Safe Harbor 401k

Introducing the QACA Safe Harbor 401k

As an employer, there are two general goals attempting to be met when starting a retirement plan.  Either to retain and recruit high quality employees, or to save money on taxes while saving for your own retirement. For most, the Safe Harbor 401k is an easy way to...

read more
Should You Offer a 401k Plan or Health Plan First?

Should You Offer a 401k Plan or Health Plan First?

As an employer, making the decision whether you should choose a 401k plan or a group health plan can be a difficult one. Employees have similar characteristics like consumers, and they value benefits from the company they choose to work for.  Before accepting a job,...

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Which One Is Best?  SEP IRA vs. Solo 401k

Which One Is Best? SEP IRA vs. Solo 401k

The number of self-employed Americans is rising by the day. According to Gallup, 30% of American workers were self-employed.  Being self-employed doesn't mean you'll fail to benefit from the tax benefits that formal employees get as conventional retirement plans....

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401k 101:  What is a vesting schedule?

401k 101: What is a vesting schedule?

401k's are a great way for employees to save up for retirement, and part of being a successful business owner is to understand how they work.  One aspect of 401k's you should be familiar with is "vesting".  This article will give a brief outline of vesting and its...

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Safe Harbor 401(k) Plan Deadlines

Safe Harbor 401(k) Plan Deadlines

For many small business owners, establishing a Safe Harbor 401k plan is beneficial and is a choice worth looking at as it provides excellent tax and retirement benefits for both the employer and employee.  By having a great retirement plan for your employees, you...

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The Benefits of Auto-Enrollment

The Benefits of Auto-Enrollment

To attract the best employees, you need to have a great benefits package.  Besides offering insurance, having an employee retirement plan is an excellent incentive for retaining top talent.  Having a retirement plan with auto-enrollment provides great benefits to both...

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How Does Profit Sharing Work?

How Does Profit Sharing Work?

When it comes to offering retirement benefits to your employees, you have more options than just offering a 401k.  So, how does profit sharing work? Profit sharing can be a great option for employers who want to give their employees a little extra towards retirement,...

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How To Grow The Family Business

How To Grow The Family Business

In 1921, William and Salie Utz began selling potato chips, hand-cooked in their home kitchen, packaged in brown paper bags. Today, Utz Potato Chips is the leading conglomerate in the snack food industry.  In today's market, about 90% of American businesses are...

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Retirement Plan Options

Traditional 401K
  • Allows the owner to mold the plan around the goals of the company.
  • Can create your own matching and vesting schedule.
  • Multiple Investment Options.
  • Choice of Record Keeper.
  • Both Pre-tax and Roth options inside the plan.
  • Compliance and administration Support.

View the Quick Guide

Safe Harbor 401K
  • Allows the owner to maximize contributions without relying on high employee participation.
  • “Turn-key” matching and vesting options for easy compliance testing.
  • Multiple Investment Options.
  • Both Pre-tax and Roth Options inside the plan.
  • Choice of Record Keeper.
  • Compliance and adminstration Support

IMPORTANT DEADLINE: If you want to start a Safe Harbor 401(k)s before the end of the year, there is a deadline of October 1st.

View the Quick Guide

Simple IRA
  • “Turn-key” matching and vesting options.
  • Pre-tax contributions only.
  • Multiple Investment Options.
  • Your choice of employment qualification into the plan.
  • No administration costs.

IMPORTANT DEADLINE: If you want to start a Simple IRA before the end of the year, there is a deadline of October 1st.

View the Quick Guide

Individual 401K
  • Will allow the owner to contribute 100% of your income up to a certain point.
  • Allows the company to match your contribution.
  • Multiple Investment Options.
  • Choice of Pre-tax or Roth Contributions.
  • Compliance Support

View the Quick Guide

SEP IRA
  • Allows the owner to contribute up to 25% of your income.
  • All contributions are pre-tax.
  • Employee contributions are NOT allowed. (employer must do same amount of contribution as their own)
  • Multiple Investment Options.
  • Compliance Support

View the Quick Guide

Payroll Deducted IRA
  • Gives your company the feel of a retirement plan for your employees, even if you’re not quite ready for a 401k.
  • Allows your employees to contribute towards retirement straight out of their paycheck.
  • Choice of Pre-tax or Roth contributions.
  • Matching contributions from the employer are not required.
  • Easy online portal for the employer to submit employee contributions.
  • No administration or compliance required.

View the Quick Guide

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