Retirement Plans for Individuals:
PlanVest Financial can assist individuals in determining which retirement plan they may qualify for and that will provide the most tax and cost effective long-term investment/savings strategy. We can explain the differences in the types of retirement plans and the pros/cons of rolling over your employer retirement plan to an IRA. Some of the retirement plans available to individuals include:
- Traditional IRA
- Roth IRA
- Individual 401(k)
Retirement Plans for Employers:
Retirement Plans are a great way for you and your employees to bridge the gap from careers to retirement. Small business owners, medical practitioners and professionals realize that offering a retirement plan is a great way to attract and retain key employees. We help you evaluate the various types of retirement plans; find the right plan platform; and administrator to fit your particular situation, all with a reasonable cost structure. For employers looking for a retirement plan, we:
- Provide plan design assistance and conversion services
- Review and recommend a diversified group of investment options
- Educate the plan sponsor regarding fiduciary responsibilities
- Plan and implement an effective employee education program
- Meet with individual participants as needed to help them with their investment allocations
Some of the retirement plans available to employers include:
- 401(k) Plans for businesses
- 403(b) Plans for nonprofit institutions
- 457(b) Plans for governmental employers
- SEP IRA (Simplified Employee Pension IRA)
- SIMPLE IRA (Savings Incentive Match Plan for Employees IRA)
