Your employees are your most valuable asset. Let’s make sure your retirement plan is optimized to create a retirement they can look forward to.
Focus on what you do best and leave the rest to us.
Retirement plans come with unique challenges; regulatory requirements, investment oversight and ongoing administrative tasks, to name a few. We recognize the challenge employers face in carrying out these fiduciary obligations.
We can help.
Together with our partners, SIMA can make your retirement plan more efficient. By taking administrative and regulatory responsibilities off your plate, you’ll have more time to focus on your core business.
And since your time is money, the savings really start to add up.
Focus on what you do best and leave the rest to us.
Retirement plans come with unique challenges; regulatory requirements, investment oversight and ongoing administrative tasks, to name a few. We recognize the challenge employers face in carrying out these fiduciary obligations.
We can help.
Together with our partners, SIMA can make your retirement plan more efficient. By taking administrative and regulatory responsibilities off your plate, you’ll have more time to focus on your core business.
And since your time is money, the savings really start to add up.
Leverage Our Experience & Expertise. You’ll have access to the tools, advice and support you need to manage your plan from every angle.
*Participant services are determined in advance
Fees in retirement plans are notoriously complex. This makes it hard to know the all-in costs. We understand the frustration, which is why we make sure your costs are transparent and competitive.
That’s why we report on your plan’s costs annually and benchmark your fees against plans like yours every three years.
of small-business owners offer no retirement plan to help themselves and their employees prepare for the future.
We want to change that.
of small-business owners offer no retirement plan to help themselves and their employees prepare for the future.
We want to change that.
On Dec. 29, 2022, President Biden signed the Consolidated Appropriations Act of 2023, an omnibus bill that includes the “SECURE 2.0” legislation, referred to as such because it builds on the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019. Key SECURE 2.0 provisions include: Expanding automatic…
On March 29, 2022, the U.S. House of Representatives passed the Securing a Strong Retirement Act of 2022 with a bipartisan vote of 414-5. The act is often referred to as “SECURE 2.0” because it builds on the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019. …
Many Employee Contribution Limits Remain Unchanged The IRS has announced the cost-of-living adjustments for 2021 that affect amounts employees can contribute to 401(k) plans and IRAs. The following amounts remain unchanged for 2021: The employee contribution limit for 401(k) plans will remain $19,500. The catch-up contribution limit for employees aged 50 and over…
Although not required by law, many 401(k) plans offer a loan provision as a way for plan participants to access money prior to retirement. The thinking is that more employees will contribute to the plan if they know they can tap into their savings should they incur an unexpected expense…
If you think financial wellness programs are a fad, think again. The industry consensus is that financial wellness not only produces results for employees, but it positively influences company bottom lines. That’s good news for a number of reasons, especially for the juggernaut of financial stress in the workplace during…
On May 21, 2020, the U.S. Department of Labor (DOL) published a final rule that will allow plan administrators to post retirement plan disclosures online or deliver them to employees by e-mail, as a default, to comply with their statutory duty to furnish documents under ERISA. This new safe harbor permits the…
Don’t miss important updates, deadlines and insights – from market commentaries to filing deadlines we have it all!
Don’t miss important updates, deadlines and insights – from market commentaries to filing deadlines we have it all!
Persons associated with SIMA Retirement Solutions, LLC, may also be associated with SIMA Wealth Partners, LLC. The two firms are affiliated through common control and ownership.
This website is a publication of SIMA Retirement Solutions, LLC. The firm is registered as an investment adviser and only conducts business in states where it is properly registered or is excluded from registration requirements. Registration is not an endorsement of the firm by securities regulators and does not mean the advisor has achieved a specific level of skill or ability.
Information presented is believed to be current. It should not be viewed as personalized investment or legal advice. All expressions of opinion reflect the judgment of the authors on the date of publication and may change in response to market conditions. You should consult with a professional advisor before implementing any of the strategies discussed. Content should not be viewed as an offer to buy or sell any of the securities mentioned or as legal or tax advice. You should always consult an attorney or tax professional regarding your specific legal or tax situation. The firm is not engaged in the practice of law or accounting.
Hyperlinks on this website are provided as a convenience. We cannot be held responsible for information, services or products found on websites linked to ours.
All investments have the potential for profit or loss. Different types of investments involve higher and lower levels of risk. There is no guarantee that a specific investment or strategy will be suitable or profitable for an investor’s portfolio. There are no assurances that a portfolio will match or exceed any particular benchmark. Asset allocation and diversification do not ensure or guarantee better performance and cannot eliminate the risk of investment losses.