Merrill Edge® Small Business offers 401(k) packages and services that small business owners need for a more simplified way to plan for retirement while gaining potential tax advantages. Whether you have no employees or hundreds, you can spend less time administering your company’s 401(k) and more time focusing on your business.
Straightforward and Convenient
- A customized retirement plan can be set up online in approximately 30 minutes, with help from a 401(k) consultant if you need it
- Help meet your retirement planning needs and those of your employees with online educational resources, simple-to-use features, and convenient pre-tax salary contributions
- Investments selected and managed by Morningstar Associates, LLC, helping you manage some of your fiduciary responsibilities
- Access to fiduciary, investment, recordkeeping and call-center support
Affordable Pricing
- Our simplified pricing is lower than most traditional 401(k) plans
- Setup fee waived for a limited time – this is a savings of up to $390 or more1
Tax Benefits
- Administrative costs and other plan expenses, along with company contributions, are generally tax-deductible to the business
- Your business may be eligible for a tax credit of up to $500 for each of the first three years if this is your first 401(k) plan and you have employees
- Individuals may each contribute up to a total of $17,5002 pre-tax annually — over three times the limit compared to an individual IRA
Want to learn more? View our 401(k) plan Fact Sheet
GET STARTEDor Talk to a Merrill Edge® Small Business Financial
Solutions Advisor™ at 1.855.667.9451