Bob Effner

What's your idea of financial security?

Bob Effner
630-584-0001|St Charles, IL
Saturday, November 28, 2015

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 $500,000in 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

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COUNTRY and our representatives cannot give tax advice. Any information we provide reflects our understanding of current tax laws. See your tax advisor for full details.

Investment management, retirement, trust and planning services provided by COUNTRY Trust Bank.