Company Retirement Plans
I've been helping local businesses here in Bellingham and Whatcom County to establish retirement plans for their companies since joining Waddell & Reed in 2005. Whether you're looking to recruit and retain key employees, reduce the amount of taxes you pay, or contribute more to your own retirement, a company retirement plan can help.
What type of plan is the best fit for you depends on a number of factors. I'll help you sort through the details, determine the best fit, and walk you through setting it up. Below are a few types of plans, if you're interested in learning more, please connect using the button below.
401(k)s offer creative solutions for companies, including Roth options, vesting schedules, and creative matching options.
If you're looking for a simple, low-cost plan for 100 or fewer employees, a SIMPLE IRA may be a good fit for you. Employer chooses between 3% matching contribution or 2% non-elective contribution.
Great for self-employed individuals, allows owner to contribute 20-25% of income as an employer contribution. No government reporting or annual testing required.