Creating a work environment that shows employees how much you care about their well-being is a critical part of the daily responsibilities for any successful business owner. Offering a retirement plan can go a long way towards achieving that goal. The advisors at Ascent Wealth Management have more than 70 years of combined experience working in the investment world and specialize in employer sponsored plans. As an independent investment firm, we have the freedom to select among an expansive amount of investment vehicles to find the ones that are suitable for your business’ needs. We make certain that your qualified retirement plans are appropriately allocated so that your employees savings can work as hard for them as they have worked for you. Our conscientious advice can help you to navigate an ever-changing market as well as the legal hazards that are a part of today’s litigious society. The needs of every business are different so please contact our office to schedule an interview and we can begin working together towards your goals.
The most common retirement plan, a 401(k) allows employees to contribute a portion of their wages to individual accounts.
Safe Harbor 401(k)s
SIMPLE IRA Plans
A Savings Incentive Match PLan for Employees gives both employers and employees the option to contribute to traditional IRAs set up for employees. It is ideally set up for small employers who do not currently have a retirement plan.
SEP IRA Plans
A Simplified Employee Pension plan gives business owners a simpler way to contribute not only to their employee’s retirement plans but also their own. Contributions are made to an Individual Retirement Account created for each participant (SEP-IRA) and follows the same investment, distribution, and rollover rules as traditional IRAs.
Pensions can also be known as Defined Benefit plans and are not commonly used in today’s market. The pension plan sponsor, or your employer, oversees the investment management and guarantees a certain amount of income when you retire. Not only can we support your business in the installation or management of a pension but we can also support your organization in the liquidation or wind down of a pension.
We find that businesses frequently accrue significant amounts of capital in their cash accounts that do not produce meaningful returns. At Ascent Wealth Management, our strategies put your capital to work, seeking to yield returns in a tax-sensitive manner. Please contact our team to learn if we can help you with your business’ cash management needs.
We believe your money should work as hard for you as you worked for your money.
Education costs money. But then so does ignorance.
Sir Claus Moser
If you want your children to turn out well, spend twice as much time with them, and half as much money.
Abigail Van Buren
It is not what you do for your children, but what you have taught them to do for themselves, that will make them successful human beings.
A person who never made a mistake never tried anything new.
I didn’t fail the test. I just found 100 ways to do it wrong.
If you look at what you have in life, you’ll always have more. If you look at what you don’t have in life, you’ll never have enough.
Remember that not getting what you want is sometimes a wonderful stroke of luck.
It does not matter how slowly you go as long as you do not stop.
If the wind will not serve, take to the oars.
The only way to do great work is to love what you do.
First, have a definite, clear practical ideal; a goal, an objective. Second, have the necessary means to achieve your ends; wisdom, money, materials, and methods. Third, adjust all your means to that end.
When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.
When I was 5 years old, my mother always told me that happiness was the key to life. When I went to school, they asked me what I wanted to be when I grew up. I wrote down ‘happy’. They told me I didn’t understand the assignment, and I told them they didn’t understand life.
Teach thy tongue to say, “I do not know,” and thous shalt progress.
Believe you can and you’re halfway there.
The best time to plant a tree was 20 years ago. The second best time is now.
I am not a product of my circumstances. I am a product of my decisions.
Strive not to be a success, but rather to be of value.
I attribute my success to this: I never gave or took any excuse.
Few things can help an individual more than to place responsibility on him, and to let him know that you trust him.