Simple and Payroll Deducted IRA's


Several states have recently mandated that small business owners must provide retirement plans to their employees. (Many other states are expected to follow).  Generally, businesses in these states can adopt their state plan or they may adopt an alternative workplace arrangement.  Many small business owners do not know that they have the option to choose an alternative benefit plan that may better suit their needs.

An Alternative to Costly 401k Plans for Small Employers

For many small businesses setting up and managing a traditional 401k plan can be expensive and expose managers to fiduciary liability.

We have programs that can help you set up payroll deducted IRA accounts for your employees which can allow your business to comply with state mandates, while allowing employees to keep control of their finances without the expense and liability of administering your own 401k plan.


Our financial advisors are investment advisory representatives of Encompass More Asset Management LLC ("Encompass More").   Encompass More Asset Management LLC is a registered investment adviser with the U.S. Securities and Exchange Commission (SEC) and only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements.  Alto Workplace Benefits is not affiliated with Encompass More. 

Information presented is for your educational purposes only and should not be regarded as a complete analysis of the subjects discussed.  Discussions and answers to questions do not involve the rendering of personalized investment advice, but are limited to the dissemination of general information.  A professional advisor should be consulted before implementing any of the options presented.