retirement

Traditional, Roth and SIMPLE IRA Plans
The tax laws on IRA’s have changed over the years but the purpose of an IRA has not changed. IRA’s are a way for individuals to set aside money for retirement. Many companies do not offer retirement plans so the IRA fills an important need.

A SIMPLE IRA is a retirement plan designed especially for small businesses and, true to its name, gives you a simplified way to make contributions toward your own retirement and your employees’ retirement. If you have less than 100 employees, a SIMPLE IRA might be a good fit. Contact the Locklin Group for expert advice on IRA’s.

401 K Plans
As an employer, you'll be faced with some important decision when setting up your 401 K plans. The two most important ones are choosing the investment options that will be available to your employees, and deciding whether or not to match employee contributions. The most attractive feature of 401 K plans to employees is the investment opportunities it can provide them. With 401 K plans, employees have the opportunity to significantly grow their savings with various investment options.