Mechanicsville, Virginia, July 27, 2021 –
We are fast approaching the year-end time line for anyone with SIMPLE considering a change to 401)k). A company would need to provide a 60 day notice to employees, with a deadline to notify by November 1st. Start those conversations now! While a SIMPLE IRA can be an ideal fit for some companies, here are a few key reasons why you want to consider making the switch from a SIMPLE IRA to the SCRS Multiple Employer Plan:
– 401k’s offer significantly higher contribution limits
– Ability to add Roth deferral option
– Available to any size business
– Low cost with pre negotiated fee reduction as plan grows
– Ease of set up & ongoing administration
– Individual company plan design flexibility
Reach out to learn more, by contacting our Plan Advisors Coley Eckenrode email@example.com and Scott Broaddus, at Scott.Broaddus@Irongate-Capital.com, or by calling 804-327-0424.
Find more online at https://scrsbenefitscenter.decisely.com/retirement-solutions/
For more information about SCRS, or to join as a member, please visit www.scrs.com
About SCRS: Through its direct members and 37 affiliate associations, SCRS is comprised of 6,000 collision repair businesses and 58,500 specialized professionals who work with consumers and insurance companies to repair collision-damaged vehicles. Additional information about SCRS including other news releases is available at the SCRS Web site: www.scrs.com. You can e-mail SCRS at the following address: firstname.lastname@example.org.