Small Business "k"

Helping your employees achieve financial security, no matter where they’re starting from

As an employer, you want to provide a means for your employees to have financially secure futures. Unfortunately, the administration and costs of most retirement plans may have prevented you from offering a retirement plan for them.

There may be a solution – the Small Business “k” – a 401(k) designed especially for small businesses.

Employer Advantages of the Small Business “k” Plan

• Affordable retirement benefit
• Convenient, low-maintenance plan
• Higher elective deferral limits than a SIMPLE IRA
• Employer contributions are tax deductible

Employee Advantages of the Small Business “k” Plan

• Tax-deferred earnings
• Employer contributions are required
• High contribution limits

Is it right for you?

The Small Business “k” uniquely addresses the needs of the small business owner. It might be a good choice for:

• Businesses with 5-20 employees (must have at least 5 employees)
• Individuals who currently have a solo 401(k) but find they need to hire one or more employees
• Start-up plans
• Plans with less than $500,000 in assets

Put our experience and financial strength to work for you.

 With a full range of services to meet your needs – compliance, investments, plan design, and recordkeeping – we can help you put your retirement plan on easy street.

Best of all, I can meet one-on-one with your employees to explain features and benefits of the plan so they can make informed decisions. Give me a call to find out more.

 Learn more

• Business Retirement Plan Considerations