401(k) and Simple Company Retirement Plans

As a typical smaller business owner, you may not have the cash to play “retirement Santa Claus” for your employees. For years, you had two unpleasant choices: either pay high costs out of your own pocket; or opt for a 401(k) retirement investment plan that charged your employees high fees.

In the past, giving your employees a 401(k) was a good deed that never went without punishment. Plans were commonly wrapped in “turn-key” (overpriced) variable annuity contracts. In general, your employees paid the ticket to ride, not you, and yet the fees were so well disguised that your employees were usually unaware how much they were being fleeced.

Now you don’t have to settle. There are new low-cost options that have arrived just as the Labor Department’s 401(k) fee disclosure regulations have demanded the real cost of small business 401(k)s be disclosed.

J.D. Cowan & Company, LLC, will help small business owners explore a variety of low-cost plan options. We will tailor your plan to meet the needs of your employees and provide fiduciary advice and investment management that is transparent, unbiased and with clear disclosure for both you and your valued employees.