Qualified Retirement Plans

Employer-sponsored retirement plans provide value to employers and their employees. They give employers a distinct advantage in attracting and retaining quality employees, and they provide employees with a convenient way to invest for retirement. More importantly, employer-sponsored plans offer employers and employees who participate significant tax advantages.

Amwell Ridge Wealth Management has strong relationships with industry-leading retirement plan providers – helping to give our clients access to a suite of qualified retirement plan solutions that can be tailored to meet each plan’s individual needs. This access to a wide variety of products allows us to offer our clients the freedom to choose among integrated and à la carte solutions.

Rather than using pre-set designs, we work closely with you to design a customized plan that meets your firm’s specific needs and objectives. What sets Amwell Ridge Wealth Management apart is how we are uniquely positioned to help both the business owner(s) design the firm’s qualified plan as well as to provide valuable, personalized guidance to the firm’s employees.

Annual Limits for 2016

  • Compensation: $265,000
  • Defined Contribution Plan Contribution: $53,000
  • 401(k), 403(b), 457 Salary Deferral: $18,000
  • 401(k), 403(b), 457 Salary Deferral, if 50 or Older: $24,000
  • SIMPLE IRA Deferral: $12,500
  • SIMPLE IRA Deferral, if 50 or Older: $15,500
  • SEP IRA Contribution: $53,000
  • IRA Contribution: $5,500
  • IRA Contribution if 50 or Older: $6,500