Get Started
ALTIGRO GET STARTED 401(k) is a streamlined and affordable way to take advantage of a qualified retirement plan. We make it easy for small business owners to start achieving meaningful tax deductions and retirement savings for themselves and their employees. A 401(k) plan doesn't have to be expensive to havew great features.
Please inquire about additional features and services and associated fees.
Affordable and Easy to Start - Streamlined plan design and setup with Altigro professionals. Straightforward our pricing is designed to be more affordable than most traditional 401(k) plans.
Features That Matter - Available plan design structure that automatically satifies IRS testing. Administration, reporting and live phone support. Automatic enrollment and Roth 401(k) options are available. Easily review your plan's details and activity on a secure online platform.
Education and Support - Easy-to-use online educational tools and resources, including a retirement calculator. Investment provider's call center support to help answer questions. Altigro administration support.
Employer Tax Benefits - Company contributions, administrative costs and other plan expenses generally are tax-deductible. Additional tax benefits may apply, includign a tax credit.
Flexibility You'll Appreciate - Csutomize your plan with features designed to help meet your needs and goals. Combine your Altigro Get Started 401(k) plan with anotehr tax-qualified retirement plan.
Employee Tax Benefits - Save for retirement using pre-tax dollars that reduce current taxable income. After-tax Roth 401(k) contributions and any earnings are tax-free if withdrawn as part of a qualified distribution. Earnings in an employee's pre-tax 401(k) are tax-deferred. Employees can roll over account balance from another qualfied plan or IRA.
INCLUDED SERVICES
The Altigro Get Started 401(k) program's special pricing is based on the delivery of the following plan features and provisions. Please inquire about additioanl features and services and associated fees.
Pre-Tax deferral and Rother Employee Contributions
Safe Harbor Employer Contributions
Paricipant Loans (one oustanding)
Annual Plan Design Review
Employee Catch-up Contributions
100% Full and Immediate Vesting
Compliance Testing and 5500 Preparation
Retirement Plans: Distributions from traditional IRA’s and employer sponsored retirement plans are taxed as ordinary income and, if taken prior to reaching age 59 ½, may be subject to an additional 10% IRS tax penalty. Roth IRA: Converting from a traditional IRA to a Roth IRA is a taxable event. A Roth IRA offers tax free withdrawals on taxable contributions. To qualify for the tax-free and penalty-free withdrawal or earnings, a Roth IRA must be in place for at least five tax years, and the distribution must take place after age 59 ½ or due to death, disability, or a first-time home purchase (up to a $10,000 lifetime maximum). Depending on state law, Roth IRA distributions may be subject to state taxes.