Find Best Small Business 401k Options with A Retirement Plan Evaluator

Life, Inc is a leading bundled 401K providers to various firms and corporations of all sizes as well as individuals. A right fit retirement plan helps to build a smooth life for your future. For investing in a best fit plan is important to gain desired benefits on long term basis. It helps businesses and individuals to make their retirement life easy. We are amongst the reliable small business 401k providers. With traditional 401K plan small business owners can mold the plan as per their target goals, can create own matching and vesting schedule. This plan type gives a multiple investment options, choice of record keeper along with pre-tax and Roth options. Small business owners will get the compliance and administration support too in this plan.

If you are looking for the small business 401k options then you can opt for the Safe Harbor 401K. This plan allows the owner to maximize contributions without any high employee participation. With this plan type, you will get the Turn-Key matching and vesting options for easy compliance testing. And as like Traditional 401K plan, in this plan also you will get the multiple investment options, pre-tax and Roth options, choice of record keeper as well as compliance and administration support.

Nowadays, pension plans are increasingly being replaced by 401K. The 401K plans are employee funded has now become a prime choice of every corporation, organization and institution. It is a retirement account of employees who wish to save for their retirement. An employer holds back a part of the salary and places it into a fund which is received by an employee after retirement. Such plans are meant to encourage people to save for retirement. Unlike pension plan, 401K allows you to control over your fund contributions.

Our 401K plans can become an asset to your business. By offering this retirement plan to your employees you can save huge money in taxation. This is an ideal method of employee retention. Our professional 401k plan administrators will help you throughout the procedure. We help you to find a right fit retirement plan. Our experts will also consult businesses and individuals to invest in a right 401K retirement plan. You can also use our evaluator to know which plan is suitable. Along with businesses, we also help individuals to get their best retirement plan. By having a best fit plan, you can live a smooth life even after your retirement. This saving will help to accomplish all sorts of financial needs even when you are not working.

Retain Your Employees and Save Taxes with Small Business 401k Plan

You may have many questions in mind about which 401K plan is perfect? OR 401K plan is effective for small businesses? All your queries will get appropriate solutions only at Life, Inc. Retirement Services. We make your 401K plan an asset of your business. Unlike other well established organizations or big firms, even small businesses can also have small business 401k plan which is supposed to be a smart move for future prospects. The 401K retirement plan is beneficial for even small business if set up correctly. For start-ups and small business, it can help in saving tax, to retain employees and other benefits beyond assumptions. On long term basis such plans play a vital role in improving business growth and productivity.

You can choose from best fit small business 401k options like Standard profit sharing 401K plan, Safe Harbor profit sharing and Simple 401K plan. The Simple plans are exempt from non discrimination testing and effective for businesses with fewer than 100 employees. In Safe Harbor 401K plan employers contribute to their employees accounts. This plan is exempt from annual IRS non discrimination tests and the consequences of failure. And, Standard 401K plan gives employers the flexibility to make contributions to employee accounts. And employer can also set up such contributions with a vesting schedule.

Along with small businesses, our company provides best retirement plans to corporations, sole practitioners and financial advisors. We are dedicated and committed to provide right fit and suitable yet customized retirement plans. With 401k plan administrator you can select the correct program that benefits your business. You can also call us to get advisory support. And, you can also use our Retirement Plan Evaluator for guidance or if not sure which plan is right for you. Our company helps your employees to enrol in a retirement plan. We provide useful resources to make them understand about the process and related benefits. Retirement plans 401K is not only beneficial for businesses but also to an individual. To add comfort in your life after retirement such plans are best to take. With a professional support and consultation you can take a right decision in order to fulfill all specific requirements.