valuable benefits for your employees doesn't have to be
difficult or costly. With a Payroll Deduction IRA Service,
it isn't - in fact - it has no cost to the employer. It's
basically the employees' own IRA's, the employer simply
facilitate the contribution process by setting up the
deduction out of employees' payroll checks.
value-added Payroll Deduction IRA service gives you the
opportunity to add to the benefits you offer your employees
by providing them with a flexible and easy way to save
for retirement (or toward the purchase of first home,
etc. See the "exceptions" under "early
distribution" in this IRS
article about traditional IRA's. Roth IRA's also have
home buyer exception.)
- A value-added
setup fees or plan costs
size business can provide this.
for your Employees:
change or terminate the plan at any time
easy way to implement dollar cost averaging* and a regular
to fund a Traditional IRA or a Roth IRA.
to fund IRAs on behalf of non-working spouses
contributions are automatically deducted from their paychecks
"second opinion" and contribution limits, visit
a Retirement Plan: Payroll Deduction IRA" page.
is true that there is no deductions for your business. But
that's simply because the company does not make any contribution
for the employees. Payroll Deduction IRA is really a "no-fuss"
way (quoated right out of the IRS article) to help retain
employees and help them save for their future. Especially
for small businesses, because this service takes so little
effort, it makes so much sense.
today at (415) 202-8555 to find out how easy it is to set
up this service for your company.
please also feel free to call. With such easy administration,
it shouldn't be difficult to convince your employer to offer
this service. (Once set up, it pretty much goes on "auto
pilot.") If your employer is unwilling to set up a service
that costs no money, perhaps you want to re-evaluate how much
your employer value you as a member of the organization anyway.
investment plans do not assure a profit or protect against
losses in declining markets. Since such plans involve continuous
investments regardless of price levels of fund shares, investors
should consider their financial ability to continue purchases
through periods of low price levels
material is provided for general and educational purposes
only, and is not intended to provide legal, tax or investment
advice. Individuals who wish to invest in retirement plans
should contact their tax and financial advisors regarding
their specific legal or tax situation.