RETIREMENT PLAN ANALYSIS
Finding the right retirement plan for your business shouldn’t be rocket science
Choosing the right retirement plan—made easier.
Expert analysis to help your business offer competitive benefits that actually matter
Selecting a retirement plan for your small business can be overwhelming with all the options, regulations, and costs to consider. Our retirement plan analysis takes the guesswork out of the process, helping you implement a plan that benefits both your business and your employees.
The retirement plan problem
Why many small businesses struggle with retirement plans
Nearly 40% of small businesses don’t offer retirement plans, often due to:
- Confusion over complex plan types and their differences.
- Concerns about administrative burdens and costs.
- Uncertainty about fiduciary responsibilities and risks.
- Lack of time to properly research available options.
- Difficulty determining which plan provides the best tax advantages.
Without expert guidance, selecting the wrong retirement plan can lead to missed tax opportunities, higher-than-necessary costs, and benefits that don’t adequately serve your team’s retirement savings needs.
The retirement plan solution
How our retirement plan analysis works
Our approach takes the complexity out of retirement plan selection:
- We analyze your business structure and financial profile.
- We evaluate your employee demographics and retirement savings needs.
- We compare multiple plan types (401(k), SEP IRA, SIMPLE IRA, etc.).
- We calculate potential tax benefits for various plan structures.
- We assess administrative requirements and associated costs.
- We provide clear recommendations tailored to your specific situation.
You’ll walk away with a clear understanding of your options and a recommended course of action that balances business benefits with employee retirement needs—all without having to become a retirement plan expert yourself.
The advantages of professional retirement plan analysis
When you partner with Hannegan & Associates for your business retirement plan analysis, you gain:
- Peace of mind: We do the legwork of researching and comparing plans so you don’t have to.
- Time savings: Focus on running your business while we handle the retirement plan details.
- Competitive edge: Offer benefits that help attract and retain top talent.
- Employee satisfaction: Provide a valued benefit that helps build loyalty and morale.
- Future flexibility: Select a plan that can adapt as your business grows.
Implementing the right retirement plan not only strengthens your benefits package, but it also contributes to a more stable, satisfied workforce.