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ZMC & Associates

Retirement Planning

JMR Financial Group | Superior, WI | Duluth, MN | Across the U.S.

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Global clients around the world

20+

years of experience

800+

clients served

Millions

saved in taxes

8–15×

ROI based on average client results

Retirement Planning For You — and For Your Future

Providing the right retirement plan is an essential part of attracting and retaining quality employees. Employees each have different retirement needs or objectives. A retirement plan needs to offer a wide range of retirement choices to stay competitive. Our goal is to encourage your employees to save and invest for retirement, while helping you meet your compliance responsibilities, reduce administrative costs, and increase employee satisfaction, loyalty and productivity.

We offer several different IRS-approved plans specifically designed to meet the changing needs of your business and your employees.

The Types Of Plans We Offer:

  • Profit Sharing
  • Safe Harbor 401(k)
  • SIMPLE IRA
  • Money Purchase Pension
  • 403(b)
  • 401(k)
  • Age Weighted
  • New Comparability
  • Roth 401(k)
  • SEP IRA
  • Individual (k)

Plan Design and Administration

We provide the following services:

  • Assessment
  • Design
  • Implementation
  • Administration
  • Annual Review

Compliance

As part of our administrative duties and year-end reporting process, JMR Financial Group, Inc. keeps your plan compliant with the latest rules and regulations. All compliance reports are prepared on behalf of your qualified retirement plan and include the following:

  • Participant Fee Disclosure Notices-404a-5
  • Nondiscrimination Test – 401(a)(4)
  • Actual Deferral Percentage (ADP) Test
  • Actual Contribution Percentage (ACP) Test
  • Deferral Contribution Limit Test – 402(g)
  • Compensation Testing – 414(s)
  • Annual Addition Test (Individual) – 415(c)
  • Employer Contribution Limitation Test – 404
  • Compensation Limitation ($290,000 for 2021, indexed)
  • Top Heavy Test – 416(c)
  • Coverage Test – 410(b)
  • IRS Required Plan Amendments
  • Summary Annual Reports (SAR)

Retirement Plan Advantages

Employer

  • Retirement plans help attract and retain quality employees
  • Employer may receive a tax credit for starting a qualified retirement plan
  • Employer contributions are deductible and can be flexible
  • These types of plans are easily understood by employees
  • Employer has the ability to shift some of the responsibility of saving for retirement to the employees
  • Employee directed investments can mean less fiduciary responsibility for the Employer

Employee

  • Earnings on qualified plans grow tax deferred
  • Can lower taxes by reducing taxable income when deferring into a 401(k) plan
  • Younger employees can accumulate larger balances over time
  • Participants can direct their own investments
  • Participants may be able to borrow from the plan if provided for in the plan document

Contact JMR Financial Group today and help your employees start saving for their future! We proudly serve Superior, WI, Duluth, MN, and the entire U.S.

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Take Control of Your Finances Today

Let’s Keep Your Books Clean and Your Business Growing

Schedule Your Free Clarity Call