EMPLOYER PLANS Companies We Work With We work with private, public and not-for profit companies who have between 1-1,000 employees. The types of plans we offer are:Traditional & ROTH IRAsSEP IRAsSIMPLE IRAsSolo 401(k)sTraditional 401(k)s & ROTH 401(k)sTraditional 403(b)s & ROTH 403(b)sCompany sponsored 529 plansCash Balance PlansDefined Benefit Pension PlansNQDC Plans457 Plans (457(b) and 457(f) plans)Corporate Owned Life InsuranceESOPsBuy Sell Agreement FundingAnd more… Succession Planning and Buy-Sell AgreementsWe help business owners transfer their businesses and properly fund their succession plans. See this video to learn more:As you work with your CPA and attorney on a buy-sell agreement or business succession planning strategy. Let us partner with your team to help you design an investment and/or insurance strategy to successfully fund your buy-sell agreement or business sales strategy. Most Commonly Used Retirement Plans My team and I are skilled in complex retirement plan designs and strategies. However for the purposes of my website, I have included information about some of the more common types of retirement plans available. Contact us for a consultation to learn more about which retirement plan is the right fit for you and your company. SIMPLE IRAs AdvantagesPerfect plan for an employer with fewer than 100 employeesVery easy to set upLow feesSimple ongoing maintenanceEmployee contributions are tax-deductibleEmployer contributions are deductible business expensesNo IRS reporting requirementsDisadvantagesEmployer matches a certain percentage of the contributions of the employeesLarge penalty for early withdrawals in the first two years - up to 25%Cannot roll contributions to other retirement plans in the first two yearsEmployees cannot take loans against their funds (could be seen as an advantage) SEP IRA (Simplified Employee Pension) AdvantagesGreat fit for businesses and self-employed peopleNo limit on the number of employees you must have to participateVery simple to set upLower start-up costs than other retirement plansNo IRS annual filing requirementEmployer contributions are deductible business expensesCan contribute up to 25% of an employee's payEmployees are 100% vested immediatelyEmployer contributions are not included in the employee's gross compensationCatch up contributions for those over 50 are allowedDisadvantagesEmployers are the only ones that con contribute to the planEmployees are not eligible until they have worked at least three of the last five yearsLoans are not available (could be seen as an advantage) 401(k) and 403(b) Plans AdvantagesProvides more options; employee contributions can be pre-tax or post-taxEmployee pre-tax contributions are tax deductibleAll employer contributions are deductible business expensesEmployees can choose how much they contributeEmployers may provide a matching contributionHigh contribution limitsEmployee contributions are taken automatically as a payroll deductionEmployee contributions will have no bearing on the amount of money you receive from Social SecurityYour funds are protected against bankruptcyEmployee may borrow against the money invested in the 401kCan be designed to fit the needs of the employerDisadvantagesFailing to repay loans creates high penaltiesEmployees may not be able to contribute as much as they'd likeEmployers may decide to provide no match to invested fundsAre more costly to set up and administer than SIMPLE IRAs and SEPsRequires annual IRS reportingEmployers are considered fiduciaries of the plan Interested In Connecting With Us But You Don't Live In The Sacramento Area?Not a problem! With the help of Citrix GoToMeeting we can hold live meetings via the phone, computer, or tablet from anywhere in the world. My long distance clients and clients who travel a lot love the ease of working with me from all over the globe. We can also take care of other logistics like paperwork via email, mail or fax. Click here to see how easy it is to partner with us using these tools. Have a Question Name Email Phone Question Thank you! Oops!