1. 401(k) Plans
We help you set up and manage 401(k) plans that provide your employees with a valuable retirement savings option. We handle everything from plan design to compliance, ensuring your 401(k) plan meets regulatory requirements while maximizing benefits for your team.

2. SEP and SIMPLE IRAs
For smaller businesses, SEP (Simplified Employee Pension) and SIMPLE (Savings Incentive Match Plan for Employees) IRAs offer flexible and cost-effective retirement savings options. We assist in selecting and administering the right plan for your business, balancing affordability with strong retirement benefits.

3. Defined Benefit Plans
If you’re looking to offer a more traditional pension-style retirement plan, we provide expertise in setting up and maintaining defined benefit plans. These plans guarantee a specific retirement benefit for employees, offering predictability and stability for their financial futures.

4. Profit-Sharing Plans
Align your business success with your employees’ retirement savings through profit-sharing plans. We help you design plans that reward your team based on the company’s performance, creating a win-win situation that boosts both morale and retirement savings.

5. Employee Education and Communication
A retirement plan is only valuable if employees understand it. We offer educational sessions and communication materials to help your team make the most of their retirement benefits, from understanding investment options to maximizing contributions.

6. Compliance and Fiduciary Support
Navigating the regulatory landscape of retirement plans can be challenging. We provide ongoing support to ensure your plan complies with ERISA (Employee Retirement Income Security Act) and other regulations, reducing your fiduciary risk.

7. Tax-Efficient Plan Design
We design retirement plans with tax efficiency in mind, helping your business and your employees maximize tax advantages. From contribution limits to catch-up provisions, we optimize your plan to reduce tax liabilities and increase savings.

Why Choose Midwest Tax Solutions for Business Retirement Plans?

Customized Solutions
We recognize that each business has unique needs. Our retirement plans are tailored to fit the size, structure, and goals of your company, ensuring the right fit for you and your employees.

Expert Guidance
Our team has extensive experience in retirement plan design and management, providing you with the knowledge and insights needed to create a robust and compliant plan.

Employee Retention
A well-designed retirement plan is a powerful tool for retaining and attracting talent. We help you offer competitive benefits that show your commitment to your employees’ long-term success.

Tax Advantages
Our tax expertise ensures that your retirement plan is not only beneficial for your employees but also tax-efficient for your business, maximizing the financial benefits of your contributions.