Group Retirement Plans
Nick O'Hara
Nick is a Certified Plan Fiduciary Advisor (CPFA). He has the knowledge and expertise to help businesses select a retirement plan suitable for business owners and employees. Nick follows fiduciary best practices to help businesses stay in compliance with IRS and Department of Labor (DOL) rules that govern employer-sponsored retirement plans.
In order to determine the best type of group retirement plan, the following factors come into play:
Are tax benefits to owners a primary concern? |
How important is it to maximize benefits to the owners? |
How important is it to attract/retain new employees? |
What are the employee demographics? |
Is there a group of employees unlikely to participate? |
Is company cash flow consistent and stable? |
Should employee contributions be flexible or fixed? |
Is the company growing? |
What type of business entity is the plan sponsor? |
Schedule a free consultation to see what plan type will fit your business needs.