Employees are one of the most important assets to a small business. We will help you select the best retirement plan for your company so you can attract and retain those treasured employees.
There are many choices when selecting the plan that best fits your unique situation:
A 401(k) is a qualified plan that allows for employee pre-tax contributions. The value of a 401(k) investment grows tax deferred until withdrawn, when it's taxed as ordinary income.
An individual 401(k) plan for owner-only businesses - those with no employees other than the owner's spouse and no plans to add employees in the near future.
SEP-IRA stands for Simplified Employee Pension IRA. It's a tax-deferred retirement plan for small business owners, where the employer makes deductible contributions to their own IRA, as well as, deductible contributions to IRAs for eligible employees. We can help you set up your SEP-IRA.
SIMPLE stands for Savings Incentive Match Plan for Employees. It's a payroll deduction plan that permits an employee to make pre-tax salary deferral contributions in addition to the employer's contribution.
For more information please call (937) 283-3111 or 1-800-837-3011.
Insurance and investment products are not a deposit, not FDIC insured, not guaranteed by National Bank and Trust, not insured by any Federal Government Agency, May Lose Value.