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Retirement options...
Whether your employees are coming or going.

Updated on Sep 06, 2018 at 05:13 PM


Retirement

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
  • John Hancock
  • Lincoln Financial Group
  • MassMutual (Reflex, Data Express)
  • Mutual of America
  • Nationwide
  • Pinnacle Financial Services
  • Professional Capital Services (PCS)
  • Securian Retirement
  • Voya Financial

MEP 401k

If you're looking to implement a new plan, PayMaster offers a 401k plan under our Multiple Employer Plan (MEP). A business 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.

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