Should my business owner client convert their SIMPLE IRA?
Small business owners just starting off often set up a SIMPLE IRA to save for retirement. As the business grows and the owners reach their contribution limit many outgrow their SIMPLE IRA and need a better savings vehicle.
Here is how a 401(k) can better serve your business owner clients:
At Trinity, we make complex pension concepts simple, and our seamless conversion process creates a smooth transition. Every client has access to a dedicated Relationship Management team who is available to answer questions and make sure that the plan remains compliant.
Plus, our Trinity Pro and 3(16) Services offers the convenience and protection your business owner clients want. With Trinity, every client’s plan is tailored to truly fit their business needs and goals from service to plan design.