Retirement Plans for Employers

Saving for Retirement

Retirement plans for your small business – Links to types of plans, a publication with a comparison chart, a webcast and an interactive website to help you choose

SEP Plans

  • You can still set up a SEP by the due date (including extensions) of your 2013 business income tax return
  • Employees for SEP plans includes those of all related employers – SEP Fix-It Guide

SIMPLE IRA Plans

  • Tips for the sole proprietor – where to deduct, when to contribute and how to calculate the owner’s contributions
  • 3% matching contribution is based on unlimited compensation but 2% nonelective is limited to annual amount

Saver’s Credit – You may qualify for the Saver’s Credit of up to $2,000 for contributing to an IRA or company retirement plan, and you have until April 15, 2014, to make 2013 IRA contributions

Safe-harbor 401(k) notice – How to correct if you’ve either failed to give participants the annual notice or didn’t give it to them on time

Mark your calendar – retirement plan deadlines

Roth account in your retirement plan – if you participate in a 401(k), 403(b) or governmental 457(b) plan, consider your Roth options

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