Fifth Third Bank

Fifth Third Securities - Retirement Plans for your employees

Your employees deserve to enjoy their retirement

Offering a retirement plan can make your business more competitive and help you attract top talent, and keep them for the long term. Fifth Third Securities offers a variety of strategies to help meet your company's particular needs.

Solo and Group 401(k)

If you’re a business owner with employees, Fifth Third Securities can help establish and maintain a 401(k) plan. A traditional 401(k) plan allows participants to make pre-tax contributions*. It offers employers flexibility and allows them discretion to make contributions, such as a matching contribution on behalf of employees. If you do not have employees, we can develop a solo 401(k) qualified retirement plan.

Simplified Employee Pension Plan (SEP)

This is an IRA-based plan for small business owners with fewer than 100 employees who have each earned $5,000 or more in compensation during the preceding calendar year. The plan allows participants to make pre-tax contributions* and can be a cost-effective alternative to a 401(k) plan.

Savings Incentive Match Plan for Employees (SIMPLE)

This is an IRA-based plan for small business owners with fewer than 100 employees who have each earned $5,000 or more in compensation during the preceding calendar year. The plan allows participants to make pre-tax contributions* and can be a cost-effective alternative to a 401(k) plan.

Retirement Plan (Profit Sharing/Money Purchase Plans/Keogh)

Any size business can establish a profit sharing plan, which may be appropriate for your business if cash flow is an issue because contributions are discretionary. A Money Purchase Plan requires the employer to make contributions according to a contribution percentage preset in the plan. If you are self-employed, we can help you set up a retirement plan for self-employed people, formerly referred to as a Keogh plan.