Retirement Benefits that will Retain Employees

Retirement financial planning is a concern for employees during any economic situation.
While there are no guarantees when it comes to investing, employees can be assured that they have a diverse group of strong, sound retirement plans such as a 401(k) or a 403(b).

401(k) and 403(b) retirement plans go beyond being tax-deferred. They reduce taxable income, gain interest, do not terminate and often employees are better able to focus on job-related tasks knowing their future is protected

401(k)

FBMC has more than 33 years of providing financial guidance and assistance to companies and their employees. A 401(k) plan, or alternative, is available for every type of business!

• Traditional 401(k)
  • Contributions are pre-tax
  • Option to contribute on behalf of your employees, match their deferrals, or both.
  • Employers must perform annual non-highly-compensated-discrimination testing.
• Safe Harbor 401(k)
  • Similar to Traditional Plan, but employers must contribute to all fully vested employees’ accounts
  • No requirement for annual nondiscrimination testing
• SIMPLE 401(k)
  • For businesses with fewer than 100 employees
  • Employees may not receive any other contributions if enrolled in this plan.
• Roth 401(k)
  • Contributions are post-tax
  • Eligible withdrawals not subject to tax

403(b)

FBMC has more than 33 years of providing financial guidance and assistance to the public sector and its employees. Let FBMC provide first-rate retirement planning to your employees through our specialization in the public sector, our experience and knowledge of the requirements and issues specific to working with public entities and 403(b) plans.

All contributions in a 401(k), 403(b) or 457 plan may be pre-tax, reducing an employee’s taxable income. Strong retirement financial planning is a quick road to good employee relations and saves money, too!

FBMC is dedicated to open lines of communication with you. Our dedicated staff, focused on fund management, continually reviews the portfolio and funds for quality, value and better management practices.

Members are kept up to date by means of a Quarterly Newsletter, which educates members on current economic conditions and the impact of their investments. Group meetings are also available periodically with employer fund managers.

Your employees work hard and so do you. You both deserve a retirement to look forward to.  Take a step towards a more secure future by calling us at 1-866-690-4208 or contact us today.