401 (k) and other RETIREMENT PLANS We are all aware of the problems facing the Social Security System as the baby boomers reach retirement. Social Security will be stretched to the limit. Employees will need to provide a substantial supplement to their Social Security benefit. A 401(k) or other employer sponsored retirement plan has become a popular solution to this problem. It is of the utmost importance that the retirement plan be designed to meet the needs of both the owners of the company and the employees. IRS rules allow a great deal of latitude in the way the plan is designed. We will review your current plan or help structure the proper design for a new plan, as the case may be.
Last but not least, you must be sure you have a good balance of fund choices available within the plan. You also need an excellent communication system to help the employees understand the investment choices they have and how they work. Let us help you design and facilitate your RETIREMENT PLAN . |
