WHY SPONSOR A RETIREMENT PLAN?
Retirement Plan Benefits
401(k) Profit Sharing Plans | Defined Benefits Plans | Other Plans
Lower taxes means higher savings
Business retirement plans are one of the best tax reducing & savings vehicles
For smaller employers, retirement plans become as much of a tax saving strategy as an employee benefit. We help clients to maximize their own savings contributions while using the tax code to take advantage of the various incentives available for the plan sponsor. Employees also need encouragement to make ongoing contributions toward their retirement accounts. The IRS allows significant tax savings for those who choose to participate in their retirement plan. By sponsoring a retirement plan for your organization, you are able to help make a difference in the overall well-being of your employees and their families.
Happy employees leads to success
Business retirement plans often increase employee engagement and loyalty
Retirement and employee benefit plans are a great way to attract and retain motivated employees. In today's marketplace, retirement plans represent a crucial component of employees' overall benefit package, and it is increasingly important they understand you offer the program. As part of employers' expectations to their employees, you take on a parental role of helping them to achieve their long-term savings goals and objectives. By offering a retirement plan, you are helping to provide a vehicle for them to work closer and closer to achieving those goals.
Employers are Employees too
Business retirement plans have huge advantages for business owners
Employers must not forget the importance of saving for their own retirement as well. Typically, the predominant asset of business owners is their business. All too commonly, employers put off saving for their own retirement until a point is reached where working to catchup for lost savings years becomes a must rather than a choice. With tax incentives, creditor protection and the simplified process of deferring from your business income, retirement plans offer a huge potential for employers to help contribute towards their own retirement alongside their employees. It's a win-win.