Low-cost, on-demand and easy to setup plans from ShareBuilder 401(k). Plans for 1 or more priced from $15-$200/month. Get a Free Quote in minutes.
www.ShareBuilder401k.com
Owners, CFOs and HR, Get up to four vendor quotes with one simple form. Top vendors include Principal, Fidelity, Great West, American Funds and more.
Quote Request
www.Quote401ks.com
Nationwide business solutions for payroll, benefits administration, HR & risk management, HRIS administration, safety and workers' compensation.
www.DohertyHRO.com
Plan For Your Retirement Income - Request A Free Ameriprise Guide.
www.Ameriprise.com
Trusted HR Consultants for 75% of Fortune 1000 Companies.
www.towersperrin.com/
Get Quotes from Leading 401k Firms. Compare Plans. Save Time & Money!
www.VendorSeek.com
Guidance on 401K Rollovers. View A full Range of Investment Choices.
www.AmericanCentury.com
Employers: Get Quotes & Compare Compare Prices. Save Time & Money
401k.BuyerZone.com
Business Owner Retire Plan Just For You-Tax Deductable With A Twist
www.businesscashfund.com
Low-cost, on-demand and easy to setup plans from ShareBuilder 401(k). Plans for 1 or more priced from $15-$200/month. Get a Free Quote in minutes.
www.ShareBuilder401k.com (Paid)
Nationwide business solutions for payroll, benefits administration, HR & risk management, HRIS administration, safety and workers' compensation.
www.DohertyHRO.com (Paid)
Tax deductible business program which provides a structure for employers to adopt tax free post retirement benefits.
commonwealthplans.com(Paid)
Trusted HR Consultants for 75% of Fortune 1000 Companies.
www.towersperrin.com/ (Paid)
Article by Fred Reish and Bruce Ashton.
www.reish.com
Article by Steve Tarnoff, from HRhub.com.
www.hrhub.com
Provider of small business retirement plans and allows online adoption of plans selected.
employeeplans.com(Paid)
Article by Fred Reish and Bruce Ashton, May 2000.
www.reish.com
Directory or articles related to ERISA liability for third-party administrators and other service providers.
www.reish.com
Provider of online retirement plan administration servicews, via hosted applications. Services are provided to financial services firms. This company was capitalized by venture capital and corporate investment.
www.expertplan.com
Article by Steve Tarnoff, from HRhub.com.
www.hrhub.com
Article by Stephen Tarnoff, from HRhub.com.
www.hrhub.com
Article on reporting retirement plans to the Internal Revenue Service, from HRhub.com.
www.hrhub.com
Article by C. Frederick Reish.
www.reish.com
Article by Steve Tarnoff, from HRhub.com.
www.hrhub.com
Article by Fred Reish, Bruce Ashton, and Marge Paul.
www.reish.com
Directory of articles related to retirement plan design and operational issues.
www.reish.com
Article by Steve Tarnoff, from HRhub.com.
www.hrhub.com
Informational resource for facts and data regarding Retirement Annuities.
www.retirementannuities.com
Press release from the US Senate Committee on Finance.
www.senate.gov
US Department of Labor's information site about retirement savings options for small business employers.
www.dol.gov
Article by Steve Tarnoff, from HRhub.com.
www.hrhub.com
Article by Steve Tarnoff, from HRhub.com.
www.hrhub.com
Article by Steve Tarnoff, from HRhub.com.
www.hrhub.com
Article by Steve Tarnoff, from HRhub.com.
www.hrhub.com
Owners, CFOs and HR, Get up to four vendor quotes with one simple form. Top vendors include Principal, Fidelity, Great West, American Funds and more.
Quote Request
www.Quote401ks.com (Paid)
Plan For Your Retirement Income - Request A Free Ameriprise Guide.
www.Ameriprise.com
Guide to Putting Aside Money for Retirement
Options abound, but start saving early to build long-term wealthTo examine options for both you and your employees, try a three-part strategy:
- Identify the savings plans best suited for your business.
- Select an option that can minimize your tax liability.
- Diversify your investments to maximize yields.
Action Steps
The best contacts and resources to help you get it done
Step into SEP
A Simplified Employee Pension (SEP) is one of the most hassle-free retirement plans. Operating much like an Individual Retirement Account, it allows larger contributions and greater tax savings.
I recommend:
Contact Merrill Lynch or Fidelity, two financial service companies that cater to needs of the self-employed.
Keep it SIMPLE
Business owners and their staffs both contribute to a Savings Incentive Match Plan for Employees (SIMPLE). This option is open to businesses with 100 or fewer employees who earn at least $5,000 in the previous year.
I recommend:
Contact Morgan Stanley or Charles Schwab to learn about SIMPLE plans and compare them to other options.
Find a small business specialist
Some firms specialize in customized small business solutions, including pensions that match a small business owner's annual contributions to fluctuations in earned income.
I recommend:
Compare MaxPlans and Vanguard deals for small business.
401(k)s: Choose carefully
Employees may contribute a percentage of their pay to 401(k) plans through payroll deductions. But employers need to consider the complexity of these plans when assessing retirement options.
I recommend:
Contact Sharebuilder or Decimal Inc., both of which tout easy-to-administer 401(k) plans for small business.
Compare, compare, compare
Investment companies want your business, and using the Web saves time when comparison shopping.
I recommend:
Go to BuyerZone.com to get quotes on 401k and IRA retirement plans.
Tips & Tactics
Helpful advice for making the most of this Guide- Select a financial planner carefully. Professionals should develop specific plans and not promote only certain investments.
- Communicate with employees. State your retirement goals clearly, and work with employees so they understand their options.
- Start early. Don't wait until age 50 to start thinking about retirement.
