Retirement plan solutions for your business.

Defer your business taxes and ramp up your retirement savings with cash balance and 401(k)/profit sharing plans.

 

Is starting a retirement plan right for me?

If you own a business and are looking to invest tax-deductible contributions – a retirement plan is right for you. JPX can help you take advantage of all the benefits that retirement plans have to offer. Start by answering a few questions through our easy-to-use proposal questionnaire. We will review your answers and advise on what type of retirement plan (or plans) we would recommend for your business - at no cost.

If you are a financial advisor or accountant, feel free to request a proposal on your clients’ behalf and see how easy it is to start a retirement plan through JPX.

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 Who we serve:

 

  • We can design a retirement plan for your business to help you meet your objectives. You can reduce your business’ taxable income and help boost both your and your employees’ retirement income with the right plan design.

  • We can set up a retirement plan for you so that you can defer taxation on that income and invest it in a retirement plan instead. If you are a high income earner, we can set up a defined benefit plan so you can maximize your deductions.

  • We can help you target clients that would benefit from starting a retirement plan and provide you with the knowledge and resources to educate your clients on the benefits of savings and investing in a retirement plan.

  • Cash balance and traditional defined benefit plans allow business owners to make tax-deductible contributions well beyond 401(k) plans, SEPs, and IRAs. When combined with a 401(k) plan, deductions can be maximized. We can help you target clients that can benefit from starting a retirement plan.

Tax savings that’s hard to beat.

Considering a SEP IRA? The high deduction limits in Cash Balance Plans and the tax-free earnings on Roth contributions in 401(k) Plans make these plan types more appealing. If you are over 50, the deduction limit in a 401(k) is higher than the SEP IRA annual limit as well.

JPX has merged years of actuarial experience with technological efficiencies to ensure you can take full advantage of these benefits with minimal effort.

2024 Deduction Limits

*Some deduction limits are age and income based

  • Cash Balance Plans

    Cash balance plans are hybrid retirement plans that look like profit sharing plans but operate like pension plans behind the scenes. Reserved for high income earners, cash balance plans can offer incredibly high deduction limits at the expense of required annual contributions. These plans are funded solely by employer contributions.

    Actuaries credentialed by the IRS are needed to design these plans and calculate your minimum and maximum contributions on an annual basis.

  • 401(k) Plans

    In addition to allowing for employee elective deferrals, 401(k) plans also allow for discretionary profit sharing contributions by the employer. Although 401(k) plans can’t offer the high deduction limits that cash balance plans can, what they can offer is the flexibility of discretionary employer contributions. As an employer, you can decide on a year-by-year basis whether you wish to contribute to your 401(k) Plan.

    In addition, 401(k) Plans can allow for Roth contributions. These post-tax contributions grow tax-free within the plan’s investment account and are not taxable upon withdrawal.

  • Cash Balance + 401(k) Plan Combo

    Looking to maximize your business’ tax deductions on an annual basis? This can be accomplished by setting up both a cash balance plan and a 401(k) plan. Our experts can help you maximize your business’ tax deductions through retirement plan contributions, allocate a high percentage of those contributions to your retirement, and steer you clear of the common pitfalls associated with maintaining more than one retirement plan.

  • Actuaries Credentialed by the IRS

    Actuarial services provided by enrolled actuaries credentialed by the Internal Revenue Service, American Society of Pension Professionals & Actuaries, and the American Society of Enrolled Actuaries.

  • Experience and Expertise

    Extensive experience in retirement plan design, consulting, and administration. All members of JPX hold industry credentials and are ready to serve your retirement plan needs.

  • Client Representation

    Actuaries authorized to represent plan sponsors in all retirement plan matters with the Internal Revenue Service, Pension Benefit Guaranty Corporation, and the Department of Labor.

 

Schedule a Meeting

Curious to know more? Book an appointment with us now for a discussion, or book an initial consultation if you're ready to take the next step.

 

Get in touch

If you have questions, are interested in our services, or simply looking to open a dialogue, we are here to help. You can schedule a meeting using the link below, submit a message directly through our website, or send us an email at support@jpxretirement.com. We look forward to hearing from you.