401 #Kplans

401k plans are the most popular type of retirement plan used today. They can be a powerful tool in promoting financial security in retirement and are a valuable option for businesses considering a retirement plan, providing benefits to employees and their employers.

If you are retiring or laid off… Check with us on the options to Roll Over you current 401K or Pension Plan.  Check out our annuities & IRA’s

For a limited time, due to Corona Virus Pandemic Americans will be able to withdraw money from tax-deferred accounts without penalties under a stimulus package signed into law Friday by President Trump. Rules on 401(k) loans will be relaxed, and some retirees can avoid so-called required minimum distribution, or RMD, rules that might have been onerous. ^Fortune.com 

Links & Resources

irs.gov

IRS – Retirement Plans for Small Biz   8 Pages

If you ever worked for a company or put money into a plan, but do not remember where it is, etc. try these ideas to locate your missing retirement funds.

Administrators 

• hicks fresno.com/
• benefit equity.com

More Details on Various Plans

• Secure Choice -CA State Run Retirement System
• Selling and Valuation of an Insurance Practice?
• SEP – Simplified Employee Pension