Small Business Retirement Plans, Simplified

Brian Riefepeters FSA, EABrian@Riefepeters.com312.890.1601Riefepeters.comRiefepeters Consulting Group, LLC

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Small Business Retirement Plan Options

As a small business owner, you have a lot on your hands. So when it comes to establishing your retirement plan, allow us to simplify the process for you. With a number of retirement plan options to choose from, we will help simplify your decision and provide ongoing plan support, whichever option you choose.

1. Do you currently or plan to have employees other than your spouse?

2. Do you want your employees to be able to save for their own retirement?

3. Do you want flexibility in how you design and contribute to the plan from year to year? Do you want the ability to contribute more for owners?

Self-Employed 401(k)§ Self and spouse only§ Total contribution limit of $54k

($18k/100% compensation deferral + $36k/25% of compensation)

§ Additional $6k catchup if over age 50§ File form 5500 if assets exceed $250k

SEP IRA§ Employer contributions only – same

amount to all employees§ Total contribution limit of $54k or 25%

of compensation§ No form 5500§ Provide employees notice of contribution

SIMPLE IRA§ Employees may contribute§ Employer must contribute fixed 2% or

3% match§ Total contribution limit of $12.5k§ Additional $3k catchup if over age 50

Yes No

Yes No

Yes No

Consider the RCG Small Business 401(k) on next page

1. Do you want a a significant tax shelter/deduction?2. Do you want the ability to favor that shelter towards owners or principles?3. Are you willing to contribute 3% to your employees’ retirement accounts?

The 401(k) Advantage

401(k)§ Employee and employer contributions§ Design flexibility (eligibility, contributions, vesting, Roth, ancillary features)§ Total contribution limit of $54k ($18k/100% compensation deferral +

$36k/25% of compensation)§ Additional $6k catchup if over age 50§ Form 5500 filing and nondiscrimination compliance required

The RCG Small Business 401(k) specifically:§ Allows owner(s) or Principle(s) to maximize contributions up to $54k ($60k if

over age 50)§ Minimizes contributions to other employees if desired§ Provides flexibility to modify contributions from year to year§ Minimizes plan operating costs and administrative tasks of employer§ Enables individually managed accounts with open architecture investment

options if desired

Is the RCG Small Business 401(k) for you?

Most small business owners think they are too small to have a 401(k) plan and instead opt for a SEP or SIMPLE IRA or no retirement plan at all. Riefepeters Consulting Group, LLC has developed a retirement solution specifically tailored for the small business –some are even calling it the PERFECT small business retirement plan.

If you answered ”Yes, Yes, Yes”, then the RCG Small Business 401(k) is the perfect solution as your company’s retirement program

Click: Riefepeters.com

Email: B

rian@R

iefepeters.com