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Retirement Planning

Our goal at FMB Retirement Services is to make a Retirement Plan a true benefit for all

If you are a business owner looking to provide a qualified plan for your employees you may face many challenges. FMB provides expert services that include strategic planning, plan benchmarking and design, third party service provider liaison, coordination with other consultants, and participant education and communication. Let us help you pick the plan that’s right for you.

Retirement Plans


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401(k)
Plan

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Defined Benefit / Cash Balance Plan

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Combo
Plan

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401(k) Plan

A 401(k) Profit Sharing plan allows for the employer and employees to save for retirement by allowing participants to contribute to the plan on a pre-tax basis. This allows for a reduction in taxable income thereby reducing your taxes. The money contributed to the plan grows tax free until it is taken out. Employers may also contribute on an employee’s behalf through an employer match, safe harbor contribution, or profit sharing contribution.

Defined Benefit/Cash Balance Plan

A Defined Benefit plan allows for the employer to contribute money to fund a specific amount of income at retirement. A defined benefit plan is commonly referred to as a pension. The amount of money that can be contributed to a defined benefit plan is usually much larger than a 401(k) plan.

Combo Plan

A Combo Plan links a 401(k) plan to a defined benefit plan. The 401(k) plan lets the employer and employees save for retirement by allowing participants to contribute to the plan on a pre-tax basis. This allows for a reduction in taxable income thereby reducing your taxes. The money contributed to the plan grows tax free until it is taken out. Employers may also contribute on an employee’s behalf through an employer match, safe harbor contribution, or profit sharing contribution. The defined benefit plan allows for the employer to contribute money to fund a set amount of retirement income. A defined benefit plan is commonly referred to as a pension. The amount of money that can be contributed to a combo plan is usually much larger than a 401(k) plan or defined benefit plan alone. 


At FMB we will help you face these challenges and understand the following:

What are the rules and guidelines when starting a plan?

Who is going to provide unbiased and transparent advice as they sponsor a plan?

How does a company navigate the constantly changing regulation of these plans?



Having the right consultant who understands the details of the regulatory system can make the plan a success for both the sponsor and participants.

Learn More About Retirement Services