QUALIFIED RETIREMENT PLANS
Whether you're a sole proprietor, partnership, or corporation, a qualified retirement plan can offer significant advantages—for your business and your employees. These plans can be structured to support a range of objectives, from attracting and retaining top talent to maximizing tax-deferred savings for business owners and staff.
Qualified retirement plans must meet specific requirements set forth in the Internal Revenue Code, including rules around participation, vesting, funding, and nondiscrimination. In exchange, they provide valuable tax benefits and long-term financial advantages.
Employers can choose from two main categories of qualified retirement plans: Defined Contribution and Defined Benefit Plans.
WHY OFFER A QUALIFIED RETIREMENT PLAN?
Tax Benefits
Employer contributions and plan expenses are tax-deductible, and investment earnings grow tax-deferred—creating meaningful advantages for your business and your team.
Long-Term Growth
Tax-deferred compounding allows contributions to grow steadily over time, helping employees build meaningful retirement savings.
Talent Advantage
Robust retirement offerings can help attract and retain top talent—giving your business a competitive edge in today’s labor market.
Stronger Teams
A well-designed retirement plan shows employees you're invested in their future—strengthening loyalty, boosting morale, and reducing costly turnover.
Financial Security
Supplementing Social Security with employer-sponsored retirement savings helps employees prepare for a more stable financial future.
Positive Culture
A strong benefits program demonstrates your commitment to employee well-being and fosters a workplace culture of trust and support.
Depending on your goals, you may sponsor either type—or even combine both—to maximize retirement savings and flexibility. Our experienced consultants will work with you to determine the most effective fit for your company.
