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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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Securing A Strong Retirement Act of 2022 (SECURE 2.0)
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Should You Support Your Employee’s Side Businesses?
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Can Real Estate Investors Have A 401k Plan?
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If you're not sure exactly what is a 401k controlled group, this article will help you determine if you're businesses are in one. In what seems like an ever-shrinking talent pool, being an employer that matches 401k contributions by your employees gives you an easier...
IRS Announces New 401k Contribution Limits For 2022
In the coming year of 2022, employers will look forward to the newly increased 401k contribution limits for their employees. According to the IRS Notice-2021-61, the limits of most defined contributions and defined benefit plans will be increased upwards. This also...
How Does Annual 401(k) Non-Discrimination Testing Work?
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What is a Mega Backdoor Roth 401k
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What Is An HCE And How Does It Affect Your 401k Plan?
Many employers offer 401k plans to their employees for varying reasons. However, the major incentive for starting one is the plan's tax deferral benefits, which allow high contribution limits. The current contribution limit for 2021 reaches up to $19,500 for employees...


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.
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.
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.
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
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
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.
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