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Legally, you can defer taxes on retirement savings in a variety of ways. We can help you understand your options and set up a retirement plan that fits your business. We can configure your plan with federally insured CDs, mutual funds, or stock investments.

Simplified Employee Pension Plan (SEP)

Easy to administer, and requires no government reporting. Funded by employer contributions.

http://www.irs.gov/pub/irs-pdf/p560.pdf

Simple IRA Plan

Like the SEP, the Simple IRA requires no government reporting, and is easy to administer. Funded by tax deferred employee contributions and employer contributions. Suitable for businesses with a limited number of employees.

http://www.irs.gov/pub/irs-pdf/p560.pdf

401k Plan

Funded by tax deferred employee contributions and employer contributions. Can be used by all businesses, regardless of how many employees.

http://www.irs.gov/retirement/article/0,,id=108942,00.html

Profit Sharing Plan

Allows for flexible funding. If profits vary from year to year, this plan makes sense.

Click here

Money Purchase Pension Plan

Money Purchase Pension Plan: Funded by fixed percentage employer contributions and (optional) non-tax deferred employee contributions.

Click here

 

Some investments mentioned above are:
Not FDIC Insured
Not Guaranteed or Insured By The Bank
May Lose Value

For more information about our retirement services e-mail info@denmarkstate.com or contact us at the location nearest you.