Topper Capital Management Inc

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Retirement Plans

All retirement plans are developed with superior service and low cost as the primary objective for Topper's clients. Topper offers the hands-on service of a boutique firm, while utilizing the strengths of the major firms in the industry tied-in with the latest technology.

401k

Topper will assist you in setting up, administering, and managing a 401k plan that fits your needs at a compellingly low cost. We would be happy to do a comparison of your current plan with ours. All our costs are fully disclosed to you, so you know exactly what you are paying for.

Simplified Employee Pension (SEP) IRA-Employer Contribution Funded

A SEP is a written plan that allows an employer or self -employed individual to make contributions toward his own and employee's retirement plans without some of the other more complex arrangements. The contributions are made to a traditional individual retirement account (IRA) of each participant of the plan.

Some key advantages of this arrangement are: 1. very low cost to administer, 2. maximum contribution--lesser of $42,000 per participant or 25% of employee compensation for 2005 plan year and $44,000 for 2006. 3. contributions are discretionary.

Some key disadvantages are: 1. contributions must be made to all eligible employees and paid by employer, 2. no loans on balances, 3. employees cannot contribute.

SIMPLE IRA--Employee Salary Deduction Funded

A SIMPLE plan is a tax-favored retirement plan that certain small employers including self-employed individuals can set up for the benefit of their employees. Employees can make salary deferral contributions of up to $10,000 a year in 2006 plan year.

Some key advantages of this arrangement are: 1. very low cost to administer, 2. employer need only match up to 3% of employee contributions. 3. company can have up to 100 employees.

Some key disadvantages are: 1. no loans against balance, 2. relatively smaller contribution maximum ($10,000 by each employee) compared to other business retirement plans.

* The information on this website is not to be taken as tax advice.

Client Services Tel:

714-276-0905