401(k). Roth 401(k). IRA. SEP. SIMPLE IRA. The alphabet soup and choices may seem bewildering when it comes to retirement plans.
And ever-changing rules from the Department of Labor add a new layer of complexity and potential liability to you as a plan sponsor.
Whether you are a business owner, business manager or self-employed, you need to consider the role of a properly designed and funded retirement plan for your business and personal bottom line.
This is where the professionals at Clear View Wealth Advisors, LLC may be able to help.
We can help guide you through the choices and show you how to be in compliance with the Pension Protection Act of 2006 if applicable. At the very least we can show you how to lower your costs which improves not only your bottom line but the returns for your participants as well.
We focus on developing plans that use open architecture and low-cost funds including index Exchange Traded Funds. We can structure a plan that will maximize benefits for owners and key employees in the most tax-advantaged way. And we can support financial education with live and online tools that may increase plan participation and financial well-being for all employees.
For a description of how we work as your fiduciary plan consultant in concert with custodians and third-party record keepers, please see our Open Architecture Multiple Employer Plan Retirement Solution Brochure.
Generally, our fees for setting up and maintaining an employer plan service range between $350 and $500 plus $150 per participant per year (depending on type of plan and based on a minimum of 3 participants for SEP Plans and 5 for 401k Plans). This will include an advanced risk profile and general financial overview for each participant along with at least one financial education workshop for all employees.
Additional fees may apply for additional planning services, workshops and the OnTrajectory® planning experience.
