The Merrill Edge Advantage
Our Merrill Edge small business retirement solutions are designed specifically with the needs of small businesses in mind, so you can focus on running your business.
Take a look at the benefits for you, and your employees:
Eligibility
- Employers with no more than 100 employees who earned $5,000 or more during preceding calendar year (cannot maintain another retirement plan).
Plan Features
- Fewer fees and less administration compared to a 401(k).
- Access your plan via a secure online platform.
- Pre-tax salary deferrals with mandatory employer contributions - a good option where your business cash flows are predictable.
- Greater control over investment choices compared to other retirement plans.
- You are not required to file IRS Form 5500.
Tax Benefits
- Contributions made by the employer to employees' accounts are generally tax deductible by the business.
- As the business owner, you may be eligible for up to a $500 tax credit for each of the first three years of the plan.
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