NewAlliance can help business owners help their employees plan for the future. The quality of your retirement program can be key to attracting and retaining your best people. But it is also an administrative challenge. At NewAlliance, we've developed a customized approach to business retirement planning. We'll work with you to develop the right retirement program for your business, whether you have one employee (yourself), dozens or even hundreds.
A qualified plan is one that satisfies numerous IRS revenue code requirements and allows your business to deduct contributions on behalf of each employee. Through NewAlliance Investments Inc., we can help you establish and maintain qualified plans that include:
- Profit-sharing plans
- Money purchase pension plans
- Simplified employee pension (SEP) plans
- Traditional IRAs
- Roth IRAs
- 401(k) plans
- Employee stock ownership plans (ESOPs)
- Defined benefit pension plans
- Simple IRAs
Non-qualified deferred compensation plans are designed exclusively for key employees. Despite the loss of tax-deductible contributions, non-qualified plans are becoming increasingly popular because they can offer more flexibility in creating a package that will attract top talent.