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)