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April 7, 2010

Establishing and Maintaining a Retirement Plan for Your Business- Professional Services


National Benefit Services, Inc.

300 W. Adams Street, Suite 326

Chicago, IL 60606
Ph. 312-419-9080
Fx. 312-419-9099
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We work with business owners who want to put more money away for retirement, and companies who want a state-of-the-art program

Services: Employee Benefit Plans, Retirement Programs, Welfare Benefit Plans, Executive Benefits, Employee Ownership Programs, Public Sector Plans



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Saver’s Credit

Definition Also known as the Saver’s Tax Credit: Nonrefundable tax credit available to eligible individuals who make contributions to their retirement account. The saver’s credit

SIMPLE 401(k) Plan

Definition A SIMPLE 401(k) plan is a 401(k) plan established by a small business for it’s employees. Earnings accrue on a tax-deferred basis and distributions

Simplified Employee Pension (SEP) IRA

Definition An IRA based retirement plan established by an employer (business) for its employees. Under a SEP IRA, the employer makes SEP contributions to Traditional

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IRA Rules