Plan Services
Defined Benefit Plans
The retirement benefit is fixed, generally as a percentage of pay in Defined Benefit plans. The contribution will be whatever funding is required to provide the benefit for each employee at retirement and is actuarially determined. The maximum benefit allowed is 100% of compensation with maximum limits as set by the IRS. This maximum amount is indexed each year for cost of living adjustments. This plan is not flexible as to the funding requirements and is generally more expensive to administer and maintain due to the IRS and actuarial requirements. This type of plan generally favors older, higher paid employees and is for the employer who is looking for greater deduction limits.
Copyright 1998-
Employee Incentive Plans, Inc. All Rights Reserved. Reproduction in whole or in part without permission is not permitted.
Securities offered through Securities America, Inc., member FINRA / SIPC. Advisory Services offered through Rice Investment Advisory Services, Inc. Bruce A. Rice, Representative and Anderson Financial, Inc. Erik J. Anderson, Representative. Rice Investment Advisory Services, Inc., Anderson Financial, Inc., Employee Incentive Plans, Inc., and Securities America, Inc. are separate entities and are not affiliated with any other entity named on this site.
The Investment Fiduciary standard of care applies to advisory services only.
Tax and Plan Administration services provided by Employee Incentive Plans, Inc.
Advisory Licensed in TX | Insurance licensed in FL, TX
Securities Licensed in AK, AL, AZ, CA, CO, DE, FL, GA, HI, IL, KS, KY, LA, MA, MD, MI, MT, NC, NJ, NM, NV, NY, OK, OR,
SC, TX, UT, VA, WA, WI
This is not a CPA firm
Web Design and Development by Incorporating Design, LLC.
Securities offered through Securities America, Inc., member FINRA / SIPC. Advisory Services offered through Rice Investment Advisory Services, Inc. Bruce A. Rice, Representative and Anderson Financial, Inc. Erik J. Anderson, Representative. Rice Investment Advisory Services, Inc., Anderson Financial, Inc., Employee Incentive Plans, Inc., and Securities America, Inc. are separate entities and are not affiliated with any other entity named on this site.
The Investment Fiduciary standard of care applies to advisory services only.
Tax and Plan Administration services provided by Employee Incentive Plans, Inc.
Advisory Licensed in TX | Insurance licensed in FL, TX
Securities Licensed in AK, AL, AZ, CA, CO, DE, FL, GA, HI, IL, KS, KY, LA, MA, MD, MI, MT, NC, NJ, NM, NV, NY, OK, OR,
SC, TX, UT, VA, WA, WI
This is not a CPA firm
Web Design and Development by Incorporating Design, LLC.