Employer Sponsored Retirement Plans
Owning or managing your own company can be incredibly challenging, especially if you have employees. When it comes to employee relations, you have to understand your employees’ needs and wants in order to attract, hire and retain productive and motivated employees in this competitive marketplace. One of the ways you can accomplish this goal is by offering an employer sponsored retirement plan. The benefits to you is that you have engaged employees, the ability to save for retirement for both your employees as well as yourself and potential tax advantages to the business. The benefit to your employees is that they have a vehicle in which they can put away significant assets for retirement to supplement Social Security later down the road and an easy way to do it through payroll deduction.
At Peabody Wealth Advisors, we have the knowledge and proficiency to assess you and your company’s needs and recommend the appropriate retirement plan for your business, whether that be a 401(k), 403(b), SEP IRA, SIMPLE IRA or other plan. We are committed to acting as fiduciaries on your retirement plan, so we can either assist in the setup, design and implementation of your plan or act as an advisor to provide education to the participants of the plan. No matter what the capacity we are acting in, rest assured that we are putting you and your employees first.
If you would like to discuss options for your company, get started today by clicking below