Call Us Today:
561.451.1550

Small Business Retirement Plans in Boca Raton FL & Fort Lauderdale FL

Offering a retirement plan for your employees could be one of the best things you'll do for your small business. The benefits aren't just in the future, either—as pointed out by the Department of Labor, starting a retirement plan offers immediate tax benefits in the form of deductibles, deferred taxation, and tax-free growth. Small employers can also usually take advantage of available tax credits that help offset the creation and administration of their plan, making it both easy and affordable to get started.

Types of Small Business Retirement Plans

If you're going to start offering small business retirement plans, you need to decide what type of plan(s) are actually going to be offered. There are a few different choices, each with their own advantages for different types of business owners.

401(k) Plans

A 401(k) plan—named after its designation by the IRS—is a special type of retirement account that allows employees to contribute some of their earnings into a savings plan. The three main forms of 401(k) plans available are Safe Harbor, Automatic Enrollment, and Traditional, all of which have important differences for small businesses. We encourage talking to a certified financial professional prior to selecting a plan in order to ensure that it's right for your company's needs, both now and in the future.

*Federal income tax laws are complex and subject to change. Neither Nationwide nor its representatives give legal or tax advice. Please consult your attorney or tax advisor for answers to specific questions. 

Profit Sharing Plans

If your company's income is variable, you can opt for what's known as a "profit sharing plan." These plans accept contributions at the discretion of employers, and typically do not require a certain amount of contributions each year. This is especially useful for startups, who may not have funds to spare as they work to establish themselves and deal with the challenges of creating a new business.

While all plans are required to file a Form 5500 each year to report their performance, the plans are accepted for businesses of any size and can even be used by companies that have other retirement plans in place. A Southeast Insurance agents would be happy to discuss these and other options with you.

Guarantees and protections are subject to the claims paying ability of the issuing insurance company.

1. "Choosing a Retirement Solution for Your Small Business." Accessed April 12, 2016. http://www.dol.gov/ebsa/publications/choosing.html.

2. "Form 5500 Corner." Accessed April 12, 2016. https://www.irs.gov/Retirement-Plans/Form-5500-Corner.

Our Location

Southeast Insurance

19575 State Road 7
Boca Raton, FL 33498
Main office: 561-451-1550
Fax: 561-451-1561

Office Hours:

Mon: 9:00 AM - 5:00 PM
Tues: 9:00 AM - 5:00 PM
Wed: 9:00 AM - 5:00 PM
Thurs: 9:00 AM - 5:00 PM
Fri: 9:00 AM - 5:00 PM
Sat: Closed
Sun: Closed

Our Providers

Testimonials

Thank you Brian Samberg and the representatives at South East Insurance. Your commitment to your clients and their loved ones is above the standard of any insurance business as the customer service and knowledge is remarkable from each and every one of your staff. We thank you and offer you the highest recommendation.
- Priscila and Steven, L.
Southeast Insurances found me a great rate and saved me thousands on my homeowner's insurance. The personal attention was unmatched. I know I have an agent I can count on in any emergency.
- BJ S.
It is more my nature to write letters that complain about poor service. But this letter is quite the opposite. I have never and I mean never, been given such professional advice, great quotes, and personal service from any organization, as I did with yours. Brian, I am very proud that Southeast Insurance is my go to agency. If you ever need a reference please add me to the top of the list.
- Bruce L.
Insurance is insurance..something we all need. The one element that your company provides is the personal touch. This separates you from everyone else. This is special in the day when all we usually get are faxes and email
- Dr. Richard S.
I chose Southeast Insurance for my insurance needs because Brian took the time to explain in detail the benefits vs. cost of each of the policies that I had outstanding. In the past I have had to use many different companies without the personal service that Brian exemplifies. I would and have recommended him to everyone that has asked for help in this area.
- Eric R.
We have been a client of Southeast Insurance for many years and Brian has always come through with the best value on quality policies. The only thing they do better than their price is their customer service. They always make you feel like a friend and are willing to educate their clients on all their insurance needs. The best compliment you can give is a referral and over the years, we have sent Brian all of our friends and family.
- Danielle & Doug
I just had an experience with a brand new Lexus that was involved in an accident 5 days after purchase. Everything was a mess, the insurance hadn't been switched yet (my fault, hadn't called yet) the Dealership hadn't completed all the paperwork etc. I couldn't get answers from the Dealership body shop, Rental company etc. One call to Brian at Southeast and he personally (while with a client) spoke to the Body Shop Manager, the Hertz rental guy and Travelers and everything was taken care of instantly. I haven't had to do a thing but answer a phone call from Travelers. If you think there isn't a difference of having a great Independent Insurance agent (also got me the best price), Think again. It was one of the best decisions that I ever made!
- David Freidenreich
Great agency that has the client's needs at the forefront of the insurance process. I was able to refer a client from the north east that was taking over the financial responsibilities of a local parent and was concerned about the cost for the coverage provided through another agency. Not only did Brian and his staff respond within an hour, he was able to provide BETTER coverage at a more affordable rate. That is the beauty of having an independent agent who represents the best companies doing business in Florida and have the client's needs as the guiding principle of their business. Thank you for all you do and I will continue to refer clients from the "northeast" to Southeast Insurance!
- John Fear
Brian and his team are the Best! They are very professional, knowledgeable, and get the best deals. I recommend Southeast Insurance to all my friends.
- Doug Manolakos