CorPay Retirement Services Offers a Full Suite of Retirement Options
Not every company is the same. With our retirement services, you’ll have a range of options to accommodate your evolving needs and help meet the retirement aspirations of your employees.
Payroll Deduct IRA
The Payroll Deduct IRA is an easy retirement plan arrangement any business can have. No plan document needs to be adopted under this arrangement.
- The employer has no filing requirement
- Only employees make contribution
- Any size business can offer this benefit
A SIMPLE IRA plan allows employees and employers to contribute to traditional IRAs set up for employees. Employers adopt a SIMPLE IRA document under this plan.
- No 5500 Filing
- Eligibility requirements possible
- Employer match or non-elective contribution required
A 401(k) is a feature of a qualified profit-sharing plan that allows employees to contribute a portion of their wages to individual accounts.
- Greater flexibility in contributions
- Employers can contribute to employees’ accounts
- Optional participant loans and hardship withdrawals
Actify Investor Retirements, LLC dba Corporate Payroll Services. Investment advisory services provided by Actify Investor Retirements, LLC. Actify Investor Retirements, LLC is a Registered Investment Advisor. Information presented is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial advisor and/or tax professional before implementing any strategy discussed herein.