Small business
retirement

You have a vision for your small business. What about your retirement?

 

Good for you. Good for your business.

Managing a small business takes time, patience and the right information. Merrill Edge offers a full range of retirement planning, investment, cash management and health care solutions for business owners like you.

Find the right retirement plan for you and your business:

I have employees
 
I don't have employees
 
 
Employer contributions are generally tax deductible by the business
Employer and employee can make contributions
 
Employer chooses when and how much to contribute
 
Loans are an available option
 
 
After-tax or Roth contributions
 
 
Plan expenses are generally tax deductible by the business
 
 
Contributions are vested immediately1
 
No separate IRS filing required
 
 
Maximum contribution limits
Over age 50
$53,000
$59,000
 
$53,000
$59,000
$53,000
N/A
$12,500
$15,500
Plan establishment deadlines
12/31
 
 
12/31
 
 
Tax filing date
including extensions
 
10/1
Investment choices
Mutual funds
 
 
Mutual funds
 
 
Mutual funds, stocks, bonds, ETFs
Mutual funds, stocks, bonds, ETFs

More financial solutions for your small business:

Business Investor Account
Access a suite of investment-based solutions and cash-management services to pursue the needs of your small business:
  • Broad array of investment choices available through Merrill Edge — stocks, mutual funds, and fixed income products
  • Automatic sweeps of cash balances into FDIC-insured accounts
  • Comprehensive statement reporting
  • 24/7 access to account information and transactions
Small business banking
Bank of America can help meet the unique needs of your business:
  • Premium online tools to help you create and send online invoices, process payroll and deposit checks remotely
  • Manage payments and earn rewards with business credit and charge cards
  • Speak to a Bank of America banking expert over the phone by calling 888.600.4000 (option 2) or visit a local branch
Health savings accounts (HSAs)
Health savings accounts from Bank of America in conjunction with high deductible health plans can provide a cost-effective way to offer health care benefits to employees, and enable employees to save for health care costs now and in retirement.
 
Looking for investment advice and guidance?
Pursue your financial goals with advice and guidance from a licensed
Merrill Edge Financial Solutions Advisor™.
Call 855.667.9451, Mon.—Fri. 8 a.m. to 8 p.m. ET,
or schedule an appointment.
Need help?
We help make it easy to choose and set up the business retirement plan that's right for you. To learn more, call:
855.667.9451
Mon.–Fri. 8 a.m. to 8 p.m. ET
Important 2016 plan
establishment deadline
  • Small Business 401(k)
    (excluding safe harbor plans):
    12/28/2016
1 The term vesting refers to whether or not the money that has been set aside for you in a retirement plan is yours to keep if your employment is terminated. "Vested" benefits are those to which you have an absolute right even if you resign or are terminated.

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