Retirement

Retirement options...

Whether your employees are coming or going.

Updated on Mar 27, 2024 at 10:48 AM

PayMaster offers two options to help you and your employees achieve their retirement goals.

Carrier Reporting

For those companies that already have a retirement plan in place, PayMaster offers seamless and integrated retirement reporting*. We will drastically reduce and possibly eliminate the amount of time you spend gathering and manually reporting data with each payroll as contribution and census data is transmitted automatically with each payroll processing.

Automated retirement reporting is available for:

American Funds
Ameritas
Ascensus
Aspire
Bluestar Retirement Services
Empower
ePlan Services
Fidelity
Human Interest
John Hancock Enterprise
John Hancock Payroll Path
Lincoln Financial Group
MassMutual
Mutual of America
Nationwide
OneAmerica
Pinnacle Financial Services
Principal Financial Services
Professional Capital Services (PCS)
Securian Retirement
Sentry
Slavic
The Standard
Transamerica
Voya Financial

MEP 401k

If you're looking to implement a new plan, PayMaster offers a 401k plan under our Multiple Employer Plan (MEP). Select businesses can implement our plan with their own adoption agreement, thus setting their own parameters, such as eligibility, matching, safe-harbor contributions, etc. This plan can be implemented for practically zero administration fees.