ExperityCPA Provides Businesses with Turnkey Solutions for Corporate Retirement Planning

As the world of finance continues to evolve, ExperityCPA, a renowned accounting firm based in Harrison, NY, is stepping up its game by expanding its services to include corporate retirement plans. This exciting addition aims to assist businesses in supporting their employees’ long-term financial goals while reaping the rewards of tax deductions. With a team of experienced experts and a wide range of retirement plan options, ExperityCPA is committed to simplifying the retirement planning process for employers and providing valuable benefits to both companies and their employees. 

Retirement planning can be a complex and overwhelming process for both employers and employees. ExperityCPA recognizes this challenge and has assembled a team of experts who will closely work with businesses to evaluate their specific needs and select the most suitable retirement plan for their organization. From plan administration and compliance to investment management, ExperityCPA will provide guidance and support at every step of the way. 

“Our corporate retirement plan service is an excellent opportunity for businesses to offer a valuable benefit to their employees,” explained Robert Cannon, Certified Financial Fiduciary and Managing Partner of ExperityCPA. “We understand that retirement planning can be complicated, but we are here to guide businesses through the process and ensure their employees have the tools they need to save for a secure retirement.” 

ExperityCPA offers a variety of retirement plan options to cater to the needs of different businesses. These options include 401(k) plans, defined benefit plans such as 412(e)(3) plans, cash balance plans, profit-sharing plans, and more. The firm’s expertise enables them to recommend the most appropriate plan for each client, taking into account their unique circumstances and goals. 

One notable aspect of ExperityCPA’s retirement plan offering is the flexibility provided by the SECURE Act. For employers on an extension for the 2022 tax year, contributions can still be made until September 15th, 2023, if an extension has been filed. This extended window of opportunity allows businesses to take advantage of the tax benefits connected with retirement plan contributions. 

The benefits of implementing a corporate retirement plan extend to both employers and employees. For employers, contributing to a retirement plan offers tax advantages while enhancing their ability to attract and retain top talent. It also contributes to an improved company reputation and image. Employees, on the other hand, benefit from the opportunity to save for retirement through tax-deferred or tax-free contributions. Additionally, employer matching contributions can boost their retirement savings potential. By offering professional investment management services, ExperityCPA ensures that employees have access to expert guidance for optimizing their retirement funds. 

“We’re excited to offer our clients the opportunity to provide a retirement savings plan for their employees,” expressed Jonathan Bander, CPA and Managing Partner at ExperityCPA. “Our team has extensive experience working with businesses of all sizes, and we’re committed to helping our clients find the best retirement plan for their needs.” 

As the importance of retirement planning continues to grow, ExperityCPA stands ready to assist businesses in navigating the intricacies of corporate retirement plans. With their expertise, personalized approach, and commitment to financial success, ExperityCPA is the ideal partner for companies looking to support their employees’ long-term economic well-being while enjoying valuable tax benefits.