Facts At A Glance: Comparing Retirement Plan Options

As a small business owner, offering a retirement plan to your employees can be a challenge, but it has many rewards. A retirement plan may benefit your business and your employees by:

  • Helping you attract and retain employees
  • Providing tax advantages for you and your business
  • Enabling your employees to save a portion of their wages before taxes
  • Giving your employees a tax-deferred retirement savings vehicle

HELPING YOU AND YOUR EMPLOYEES PREPARE FOR RETIREMENT MAY REDUCE STRESS ABOUT FUTURE FINANCES.

Knowing the different types of plans available and keeping these benefits in mind can help you establish the retirement plan that is best for your business and your employees.

SEP or SIMPLE Plan

SEP and SIMPLE Comparisons

401(k) or Defined Benefit Plan

401K OR DEFINED BENEFIT PLAN

If you would like a no obligation, second opinion into your 401k plan to see if your plan measures up give us a call at 630-799-8350 or email at info@crosspointwealth.com. We look forward to the opportunity to show where there may be inefficiencies and earn your business.