Personal Retirement Plans

We help individuals with retirement planning as well as companies. Our wide range of retirement products and services can help you design and maintain a long-term retirement strategy. A great way to retain and attract top talent to your company is to help them prepare for retirement.

What are they?

Retirement plans are plans used by individuals and to help achieve income at retirement.

How are they used?

Different types of retirement plans may be helpful to you for your retirement planning. They are also offered as part of employee benefit packages to attract and retain top talent.

What are the benefits?

There is a wide spectrum of defined contribution 401(k), defined benefit, and non-qualified deferred compensation plans to help participants prepare for retirement.

  Book a Phone Appointment now

What are the different types of retirement plans that can help in attracting and retaining key employees?

Retirement Planning is a top priority for many people 

Retirement Planning Choices for the Individual

Traditional IRA - Eligible individuals can contribute up to annual limits. Contributions may be tax deductible and may grow tax deferred.*

Roth IRA - Eligible individuals may contribute up to annual limits. Contributions are not deductible but withdrawls are generally tax free**

Retirement Planning Choices for Employees

Defined Contribution Plans - The primary types are the 401k and which allow pre-tax contributions that may lower taxable income and grow tax deferred.

Retirement Planning Choices for Small Businesses

SIMPLE IRA - For companies with 100 or fewer employees. Contributions are pre-tax and grow tax deferred. The employer matches 2% - 3% of compensation.

Simplified Employee Pension Plan - SEP's allow the employer to contribute up to the lesser of 25% of compensation or $40,000. Earnings grow tax deferred. The employer receives a tax deduction for the contribution.

Self Employed - A personal 401k plan is designed for single owner businesses that employ only a spouse or immediate family member. It allows tax-deductible profit sharing contributions up to 25% of compensation plus an additional contribution based on yearly limits.

One Person Defined Benefit Plan - Designed for self-employed individuals earning over $75,000 annually, allows maximum benefit far in excess of what a 401k plan would allow. In addition  you can move your existing 401k , IRA and other eligible retirement savings plan assets into a single Defined Benefit Plus plan.

Contact us today for more detailed information at 866-392-INFO (4636)

We are not tax advisors, investment advisors or accountants. We suggest you work with professional Accountants, Investment advisors and Attorneys

* Withdrawals from a Traditional IRA generally are subject to ordinary income taxes. Withdrawals prior to age 59 1/2 may be subject to a 10% penalty. Certain exceptions apply. Traditional IRA's generally must begin by April 1 of following year after you reach the age of 70 1/2 (these may vary for year to year) AGI phase outs for tax year 2009 are $55,001 to $64,999 for single filers and $89,001 to $108,999 for joint filers with employer sponsored retirement plans.

** Withdrawals from a Roth IRA generally are subject to state and local income taxes. Withdrawals prior to age 59 1/2 may be subject to a 10% penalty. Certain exceptions apply. Roth AGI contributions phase out for tax year 2009 are $105,001 to $119,999 for single filers and $166,001 to $175,999 for joint filers with employer sponsored retirement plans.