Retirement Plans such as 401(k)'s

Your Focus has to be on managing your business for growth and profitability.  That doesn’t mean you can’t provide a worry-free and competitive retirement plan for your employees. 

 Four Pillars of a Successful Retirement Plan: 

• Plan Design and Compliance – based on your specific needs and situation, yet flexible enough to adjust to changing times while meeting ongoing tax and government requirements. 

• Employee Communication – not only do we need to inform and teach employees about retirement in general and your plan in particular, but also to encourage them to participate.  Why you should start today.

• Investment Expertise and Performance – the plan must provide a smart and balanced selection of investment options with proven track records and quality built throughout.

• Comprehensive Plan Administration, Service, and Support – unlike so many providers who are here today, gone tomorrow, we have stayed in one place for over 30 years.  Reliability and dependability you can count on.

 Ask yourself these questions: 

• Are you getting the desired level of participation by your employees?

• Is your plan designed to reward and retain your most valuable employees?

• Are you confident that your employees clearly understand the provisions of your company’s retirement plan?

• Do you offer your employees a retirement plan enrollment workshop that is customized for your plan and their needs?

• Are you satisfied with the quality and return on your investment portfolio?

Perhaps you should give us a call; we have the expertise to share on making a good plan better or setting up a new plan just for you.

Why you should start TODAY.

Most of your retirement income will come from you.

Many people think that government programs will provide all they need in retirement, when in actuality Social Security covers only about 39% of the average retiree’s income today.  In 2004 the average Social Security benefit paid to all retired workers was $922 a month – or just over $11,000 each year.

With so many companies not offering traditional defined benefit pension plans or terminating their existing plans, it’s time to face the reality that the majority of your retirement will come from you! 

Sources of Retirement Income:    

You may need more retirement income than you think.

A recent survey affirms that individuals planning for retirement may be underestimating their need for income. The following chart shows that the majority of today's retirees spend as much or more in retirement as they did when they were working.

¹ Source: Employee Benefit Research Institute and Mathew Greenwald & Associates, Inc., Retirement Confidence Survey.

How your retirement plan can help you save.

• You pay less in taxes. 

  The power of tax deferral:

• Tax deferral accelerates your savings.
• Big difference tomorrow.  Hardly any today.

Why you need to start today.