Business Employee Retirement Services
Few things are more important to the future of your business than your employees—and few things are more important to your employees than their futures. Help them plan for those later years with our complete range of retirement solutions. We combine the flexibility your employees want with the cost-effectiveness and administrative ease you require, backed by the support and expertise of the nation’s largest independently owned bank.
Contact one of our retirement professionals today at (806) 378-8338
Including but not limited to the following services
Our integrated retirement-plan solutions cover the full spectrum of asset classes, investment styles, and fund types, including no-load and commission-free mutual funds. Our experts will be happy to handle the complicated details by acting on your behalf as a Trustee, Custodian or Agent. Not only will we help you with plan design, documentation, and load administration, but we can make sure you keep up with governmental regulations, requirements, and special services like Employee Retirement Income Security (ERISA), compliance consulting, discrimination testing, IRS reporting and more.
But that's not all. we will help you connect participating employees with the tools and information they need to plan for a secure retirement. Our innovative employee education program includes on-site enrollment meetings, enrollment kits, payroll stuffers, fund fact sheets, investment education and quarterly account statements. We do it all, including online and toll-free phone access for their convenience.
Our Employee Retirement Services include:
Employer-Sponsored Retirement Plans
With these popular plans, employee contributions actually represent deferred compensation and therefore could or may offer income-tax incentives. 401(k) plans also allow employers to make matching or profit-sharing contributions on their employees' behalf — and receive a corporate tax deduction.
With these plans, employers may share profits with employees by funding the retirement plan in full according to a set formula or discretionary amount. However, contributions are not required every year — this is strictly at the employer's discretion. Employer contributions receive a corporate tax deduction.
These plans are fundamentally the same as defined-benefit plans, but with the advantages of a profit-sharing plan. The key difference is that cash-balance plans provide benefits in the form of a determinable account balance rather than an ending retirement benefit.
These plans are similar to profit-sharing plans, except that the annual employer contribution amount is defined by the plan document and is not discretionary. Employer contributions receive a corporate tax deduction.
Raymond James financial advisors may only conduct business with residents of the states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability.
Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members.
Securities offered through Raymond James Financial Services, Inc., Member FINRA/SIPC, and are not insured by bank insurance, the FDIC or any other government agency, are not deposits or obligations of the bank, are not guaranteed by the bank, and are subject to risks, including the possible loss of principal. Amarillo National Bank and Amarillo Investment Services are not registered broker/ dealers and are independent of Raymond James Financial Services. Investment advisory services offered through Raymond James Financial Services Advisors, Inc.
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