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401(k) Plans and Pension Plans

Kerr Wealth Managements fee-only retirement plan

platforms can be a sound solution for your small or large company. From 401(k) plans to cash balance pension plans the Fresno, CA advisors at Kerr Wealth can help you determine which plan is most suitable for your California business.

401(k) Plans and Small Business Retirement Plans

Retirement Plans and 401(k) for California businesses.

Overwhelmed with your retirement plan choices? Need a bigger tax deduction?
Choosing the correct retirement plan is an important step for your business. Working with a team of investment advisors and retirement plan consultants can help guide you to the right plan and help with your tax minimization needs.

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What’s the process to start a California retirement plan for your California business? Well, it's simpler than you think and our advisors do this kind of thing all day every day. We make it SIMPLE...

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  • Determine your business cash flow.

  • Determine your business tax minimization needs.

  • Design a retirement plan.

  • Establish accounts with a custodian.

  • Manage future payroll deductions.

  • Manage investments for each employee participant. 

Kerr Wealth Management Retirement Plan Offerings

Traditional 401(k)

A 401(k) offers many flexible benefits for employees and plan sponsors including making full or partial matches, saving for retirement through pretax and Roth 401(k) contributions, take loans or self direct.

SIMPLE IRA

Like the name implies, these are simple plans also known as Savings Incentive Match Plan for Employers. Typically useful for businesses with less than 25 employees. 

Safe Harbor 401(k)

Safe Harbor 401(k) plans could be the solution you need because they automatically meet certain nondiscrimination (ERISA) testing, maximizes salary deferrals for high-wage employees and they are easy to administer.

Profit Share Plans

A profit share plan can be a powerful retention tool for businesses who want to retain talent and divide up discretionary contributions among employees. 

Solo 401(k)

Great for the one man band. A Solo 401(k) allows solo business owners with no employees (except for certain family members) to maximize salary deferrals without any compliance testing.

Pension Plans

Cash balance plans or defined benefit plans are great for small to large employers with consistent

positive cash flow and steady

profits. Combined with a 401(k) and profit share plan a successful business owner can contribute in excess of $200,000 annually for a 

signifigant tax deduction.

Open Architecture
Our first priority is helping you and your staff take care of themselves and their family. Starting a retirement plan can help with this objective but certainly doesn’t solve everything. It’s just one part of the puzzle.

 

The second part of the puzzle is learning more about your personal situation, identify your dreams and goals, and understand your tolerance for risk. Long-term relationships that encourage open and honest communication have been the cornerstone of my foundation of success.

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The third piece of the puzzle - selecting an investment and custodial platform to save for the future. At Kerr Wealth Management we offer an open architecture retirement platform through TD Ameritrade. An open architecture platform allows your Kerr Wealth Investment Advisor and your participants to invest in a variety of investment types including but not limited to:  Transaction free  ETF’s, No Load Mutual Funds, transaction free stocks, bonds and more. It is recommended you do some planning to determine your risk and investment objectives. *Retirement participants should review their risk tolerance and retirement objectives before investing. 

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