Employer Sponsored Retirement Plans

Stockman Wealth Management can help with your employment sponsored retirement needs.

Whether it's a simple fee review or an in-depth evaluation on a business qualified retirement plan to help your firm ensure that you're fulfilling your fiduciary duty outlined in the current ERISA guidelines, we are here to help.

Below is a basic overview of retirement account options that we offer through a non-affiliated qualified custodian. Please check the IRS website for specific information pertaining to your account type or check with your accountant for further details.

• 401(k) or 403(b) offered by your employer
  A 401(k) is usually offered by a for-profit company, while teachers and other employees of certain nonprofits may be offered a 403(b) instead. They both allow employees to contribute a portion of their wages to individual accounts.
  
  
• Solo 401(k)
  A sole proprietor can set up an individual 401(k) and make contributions as both the employee and employer.
  
  
• SEP IRA
  SEP stands for simplified employee pension, and this kind of account is used primarily by the self-employed or small business owner.
  
  
• SIMPLE IRA
  A SIMPLE (Savings Incentive Match Plan for Employees) IRA is available to any small business (generally with 100 or fewer employees).

Contact Stockman Wealth Management to learn more!