Regardless of the size of your business, there s a retirement plan that will suit your needs. BNY Investment Center offers a comprehensive selection of retirement plans tailored to fit the specific needs of small and growing businesses. BNY Investment Center offers numerous options from many fund families. Clients can combine fund selection with a program of employee education to meet a variety of business retirement plan goals.
Employers can change their annual contributions to match their cash flow.
Businesses that implement Simple IRAs may not maintain another retirement plan. Certain maximum eligible wage and contribution limits are applicable under these plans. Profit Sharing Plan ideal for new businesses with an undetermined profit pattern. Paired Profit Sharing and Money Purchase Plan useful for businesses of all sizes and self-employed individuals. This plan combines the best features of the Profit Sharing and Money Purchase plans.