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Retirement Plans

Help your employees with their retirement goals.

Questions? Ask a Citizen.
Questions? Ask a Citizen.

Retirement plans play an important role in attracting and retaining great talent. A Citizens Investment Services Financial Advisor can help you evaluate your options so you can make an informed decision on which retirement plan to choose for yourself and your employees

Investment services for mid- to large-sized businesses

If you’re a business with more than 100 employees and more than $1.5MM annual revenues, a Citizens Investment Services Financial Advisor can help you identify retirement plan options that fit your company’s needs.

Nonqualified Plans

Generally used by companies that already offer a defined contribution plan for their employees, a Nonqualified Plan is funded by the employer to help retain key employees in their organization.

Small business retirement plans

If you’re a business with fewer than 100 employees and less than $1.5MM in annual revenue, a Citizens Investment Services Financial Advisor can help you review possible retirement strategies.

SEP (Simplified Employee Pension)

A Simplified Employee Pension plan allows you to make tax-deductible contributions into a SEP IRA for your employees. Other benefits include:

• Employer’s choice of annual amount and whether or not to contribute
• Minimal startup and administrative costs
• Tax-deductible contributions and potential tax credits

Simple IRA (Savings Incentive Match Plan for Employees)

A Simple IRA enables you to offer your employees a savings incentive opportunity. With a Simple IRA, your employees can contribute a part of their pre-tax compensation into the plan — and in turn, you can match their contributions. Other benefits of this small business retirement plan include:

• Easy administration
• Employer tax deductions for the contributions employees make to their accounts
• Low startup and maintenance costs compared to qualified retirement plans

Even if you have an existing employer-sponsored retirement plan, we can offer you an objective second look at your current plan.

Simply request a complimentary financial review by calling us at 1-800-242-2224.

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