Retirement Plans
Retirement plans for businesses don’t have to be 401(k)s. After all, 401(k) is just a reference to US tax code. There are other qualified plans that can be used, and might be a bit more beneficial. Based on the questions we’ll ask about your small business, like what employee turnover looks like and who runs payroll, it may be determined to use something like:
- SIMPLE Plans
- SEP Plans
- Multiple Employer Plans
- Bundled provider 401(k)s
With Colorado now having implemented the Colorado Secure Savings Program - https://treasury.colorado.gov/colorado-securesavings-program - know that we are here to help your business navigate the ins and outs of qualified plans.