Discover how Icon enables businesses to offer a retirement plan without the cost, complexity, and fiduciary burden of a traditional plan. IconPrimary Easy to set up, easy to use. It’s the primary retirement savings plan for your company. ...
which translates into millions of workers without access to an employer-sponsored plan.2 Although a number of retirement plan options are available tosmall employers, including 401(k) plans, Simplified Employee Pension (SEP) IRAs, or Savings Investment Match for Employees (SIMPLE) IRAs, man...
Removing obstacles for small business employers The Rockland Trust PEP is designed to make it easier for small business employers to set up and manage their retirement plan, while also closing the retirement gap – allowing workers of all ages to have access to retirement...
Let’s explore the various employee benefits you can offer: Social Security and Medicare Workers' compensation Disability insurance Family and Medical Leave Act Unemployment insurance Health insurance Retirement savings Paid time off Tuition assistance Fringe and ancillary small business benefits Flexible ...
Create an exit plan for your business According to Prentke English, your business itself can be a source of retirement value if you plan for an ownership transition via a sale, outside investment or employee equity purchase. To this end, Jesse Johnstone, president ofFibrenew, said small busines...
establishing an employee retirement plan is high on your priority list, your best bet is to consult a financial services professional who will help you decide which plan is best for your business. In the meantime, here are four of the most popular kinds of retirement plans for you to ...
(simplified employee pension) is the simplest option for small-business owners. looking to open a sep-ira for only one person? we’ve got you covered. view the vanguard sep-ira ascensus individual(k) an individual(k)—also known as individual 401(k)—maximizes retirement savings if you're...
The following discussion of options for small employers assumes that the business owner has self-employment earnings or employee compensation from the business.Options designed for small companies with employees The SEP IRA The simplified employee pension (SEP) plan is an employer-sponsored retirement ...
(simplified employee pension) is the simplest option for small-business owners. looking to open a sep-ira for only one person? we’ve got you covered. view the vanguard sep-ira ascensus individual(k) an individual(k)—also known as individual 401(k)—maximizes retirement savings if you're...
Business owners need to gauge the effect of raises and/or bonuses on their company's profit margin. Understanding the Right Compensation Mix Most people go to work to make money. From an employee's perspective, more is better. However, employers may not always be able to pay their employees...