Business Investments / Business Retirement Services Business Retirement Services Retirement plans are among the most important benefits a company can offer its employees. At Frost, we know every employee, just like every business, is different. That’s why we work with you to create a retirement plan that meets your company’s unique needs, and the individual needs of your employees. We can also administer and manage your plan assets, and provide investment-planning services to your employees. 401(k) Plans One of the most popular retirement vehicles for businesses that offers employees benefits such as: Helps employees save for retirement Taxes deferred on contributions and earnings until withdrawal Investments can be a mix of mutual funds, company stock, individual securities, real estate and more 401(k) Plan details 403(b) Plans Similar to a 401(k) and designed for tax-exempt organizations such as: Public schools Non-profits Ministries 403(b) Plan details Profit Sharing Plans A defined contribution plan that: Provides employer with discretion over profit sharing contributions May be combined with a 401(k) plan Features tax deductible contribution and plan expenses Profit Sharing Plan details Defined Benefit Plans Pays a fixed, pre-established benefit to retired employees who meet minimum in-service requirements such as: Tenure (years served) with the company Salary level Other factors determined by the plan, such as age Defined Benefit Plan details SIMPLE IRA These plans are tax-deferred and are: For employers with 100 or fewer eligible employees For employers with no other retirement plan Subject to annual contribution limits SIMPLE IRA details Money Purchase Pension Plans Your company makes fixed annual contributions to each participating employee's individual account. Contributions are mandatory Employer defines eligibility Contributions usually based on a percentage of employees' income Money Purchase Pension Plans details Non-Qualified Plans Targeted to meet the specific needs of executives and other select employees. Often used to provide additional compensation to key employees May supplement qualified retirement plans for higher paid employees Non-Qualified Plan details SEP IRA An ideal retirement program for self-employed people or small business owners due to high annual contributions limits and minimal administration. Annual contributions are discretionary and tax-deductible to the employer 100% immediate vesting Any earnings grow tax-deferred until withdrawn Fewer administrative requirements than qualified plans SEP IRA details We're here to help To speak with a Frost wealth advisor, call 1-888-263-6480. Request a call Find a location