Defined Contribution Plans
Defined contribution plans are retirement plans in which a certain amount or percentage of money is set aside each year by a company for the benefit of the employee. There are restrictions as to when and how a participant can withdraw these funds without penalties.
Types of Defined Contribution Plans
- 401(k) Plan
- Individual Ks
- Profit Sharing Plans
- ESOPs
- SEPs
- SIMPLE Plans
Contact Our Retirement Specialists Today
Take the next step. Call our retirement specialists today at (214) 891-8131 to discuss the workplace savings plan that may be right for you and your business. Or, contact us via the form below and one of our retirement plan specialists will respond to your inquiry.