Reward Your Employees, Strengthen Your Business
Unlock tax-efficient growth while offering a competitive benefit that attracts and retains top talent.
âIt is never too early to encourage long-term savingsâ –Â Ron Lewis
Could Your Retirement Plan Do More For You?
Most business owners donât realize that they can tailor their retirement plans to their business and own personal
needs as the owner. Itâs not a one size fits all. There are many customizations that can be made to the 401k to fit your, the ownerâs, goals. At Mills Wealth we believe that most retirement plans or 401(k)s fall under 3 categories.
Plans Optimized For You, The Owner
Plans Optimized For Your Employees
Plans That Include A Mix of Both
Do Your Employees See Their 401(k) As A Benefit?
The Ultimate 401(k) Plan by Mills Wealth Advisors is more than just a retirement savings vehicle â it’s a strategic tool designed to benefit both your business and your employees. Our approach helps employers systematically and tax-efficiently extract money from the company while building a valuable employee benefit that drives engagement and loyalty.
Understanding that one size doesn’t fit all, we offer a flexible platform that caters to diverse employee needs and investment preferences. Our plan provides three distinct investment pathways:
A low-cost "Do it for me" institutionally managed option that adapts to market changes. This option is perfect for employees who prefer a hands-off approach, leveraging professional management to navigate market fluctuations.
An age-based "Do it for me" option that evolves as employees age or approach their planned retirement date. This strategy automatically adjusts risk exposure over time, providing a balance of growth and security that aligns with the employee's career stage.
A self-managed option with preselected low-cost investment options within each asset class. This choice empowers more experienced or hands-on employees to tailor their portfolios while still benefiting from our curated selection of high-quality, cost-effective funds.
Employees have the freedom to choose any combination of these three investment methods, allowing for a truly personalized approach to retirement saving. This flexibility not only caters to individual preferences but also adapts to changing needs as employees progress in their careers.
What You Can Expect
Enhanced Features:
Reduced Liability
As a 3(38) fiduciary, we take on the responsibility of managing your plan, minimizing your risk and allowing you to focus on what you do best â growing your business.
Tailored Investments
Your focus should be on running the business, not managing your employees' retirement plans. Our experts will help you select and monitor the investment lineup, lifting this burden from your shoulders.
Customized Plan Design
We'll create a plan with investment options that align with your company's unique requirements, whether you're aiming for a basic or more comprehensive package.
Ongoing Support and Education
Our team will guide you and your employees every step of the way. We regularly educate employees on investing, financial planning strategies, and tax strategies that can help build wealth.
Outcomes:
Boost Employee Satisfaction
Show your team that you're invested in their financial futures, fostering loyalty and job satisfaction.
Attract and Retain Top Talent
In today's competitive job market, offering a robust retirement plan is crucial for attracting and retaining skilled employees. The Ultimate 401(k) Plan sets your company apart.
Support Your Company's Success
A strong retirement plan can help drive your business forward by aligning employee incentives with company growth.
Independent Research & Articles
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Why You Shouldn’t Hire Your Payroll Provider to M âŠ
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Upgrade to the Ultimate 401k Plan Now
For businesses looking to go above and beyond, we can help you implement a discretionary profit-sharing plan or a cash balance pension plan. These additional options can reward employees for their contributions and help instill a team-based winning culture.
Ready to elevate your employee benefits and strengthen your business? Schedule a consultation today, and let’s design The Ultimate 401(k) Plan that empowers your employees and energizes your business.
