Invest in Your Employees' and Your Future
At TAG we understand that retirement planning means different things to different people and with in-house financial services we are equipped to design and implement a brand new plan for your company or administer an existing 401K or retirement plan.
From contribution analysis to plan selection, TAG's knowledgeable team is here to make sure that your plan meets the specific goals of your company.
Retirement Plan Options Include
- Safe Harbor - similar to a traditional plan safe harbors plans require that employer contributions fully vested when made. There are fewer tax rules and this plan allows owners and highly compensated employees to maximize contributions.
- Traditional - offers the most flexibility as employers can make contributions on behalf of all participants, to match employees' deferrals, or do both. These plans allow for a vesting schedule, however they are also subject to stringent testing.
- SIMPLE plan - The Savings Incentive Match Plan for Employees of Small Employers was created so small businesses could have an effective cost-efficient way to offer employee retirement benefits. This is available to employers with less than 100 employees. Employee contributions are fully vested.
- Profit Sharing Plan - Multiple Structures including Pro-Rata, Integrated & Cross-Tested
*Business Owners Take Note- if you're interested, we can advise you on the perfect retirement plan setup that enables you to contribute up to $40,000 a year.
