Business Services

Business Retirement Firm in Ridgefield, CT

As a business owner or non-profit organization, you often must deal with financial decisions that affect the present or near future, like employee wages and daily expenses. Long-term concerns, like retirement, are often overlooked. In fact, a 2017 survey on small business owners found that a third of the respondents did not have a retirement plan. However, there will come a day when you and your workers need to call it quits. When it does, you will need enough savings to support your lifestyle and health.

At Envest Management, LLC, we will help you plan for the future with our business retirement services in Ridgefield, CT or or wherever you’re located throughout the U.S. using our virtual services. We offer sustainability and social responsibility-focused Business 401k and Simplified Employee Pension Individual Retirement Arrangement (SEP-IRA) plans for your company and 403b plans for Non-Profit Organizations.

Business 401(k) Plan

The 401(k) plan is a popular choice for business owners in Ridgefield, CT and throughout the U.S. because of its flexibility and investment opportunities. You can choose to provide contributions to your workers’ accounts in exchange for tax deduction benefits. You and your employees can also grow your money through money market funds, and mutual funds and exchange traded funds that hold stocks, bonds, and more. And working with Envest Asset Management, LLC, you will be sure that investment options will be sustainable, in-line with environmental and social values of your organization and its employees.

Despite the many benefits of the 401(k), it requires a lot of careful planning and documentation to set up correctly. You need to adopt a written plan document, set up a trust for your plan’s assets, create a recordkeeping system, and provide an information package for employees joining your plan.

Once you have set up your plan, you also need to manage its different tasks like participation, vesting, investing, fiduciary responsibilities, distributing benefits, reporting to agencies, and more. Our team will take care of all these tasks for you, so you can focus on improving your core business.

SEP-IRA Plan

A SEP-IRA plan allows you to make tax-deductible contributions on behalf of your employees. It provides a wide variety of benefits, especially to small businesses and self-employed individuals.

It is simpler and more affordable to set up and operate than other pension plans. It also has a higher annual contribution limit than traditional IRAs. If you do have employees, your contributions toward their pensions are vested instantly, which means they get unconditional entitlement over it. And employees manage the investment decisions in their SEP IRAs.

We can set up and operate Ridgefield, CT business’s SEP IRA plans or a SEP IRA plans for organizations located throughout the U.S. using our virtual services so can you make the most of your contributions and investments.

403b for Non-Profits and their Employees

Like a 401k plan, a 403b is a retirement plan. However, these can only be used by organizations that are tax-exempted, like churches, schools, and non-profits. The employees can also grow their money through mutual funds, and we will make sure to select diversified investment options that also provide solutions for sustainability and environmental protection that you want.

Our ESG and SRI Approach

At Envest Asset Management, LLC, we use Environmental, Social, and Governance (ESG) and Socially Responsible Impact (SRI) strategies for investments.

ESG involves seeking and investing in companies that not only provide large financial returns, but also offers products and services that improve sustainability and protect the environment. Such businesses must also provide ethical treatment and compensation for their employees.

SRI, on the other hand, leans more towards the social aspect of the company. With an SRI strategy, you invest in businesses that lobby for social justice or offer products and services that contribute to it. It also involves avoiding companies that have negative effects on society at large, like tobacco, alcohol, weapons, and gambling corporations.

Envest Asset Management, LLC helps you choose, set up, and operate your business retirement plan efficiently. We also make sure you’re using the investment opportunities in those plans to support companies that make the world a better place.

 Schedule a free meeting today.

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