The Ryding Company As Your Retirement Planner In Simi Valley, CA

If you are looking for a retirement planning company in the Simi Valley area, The Ryding Company has your answer. With more than forty years of experience in retirement planning, We are providing expert advice and compliance administration to business owners in Simi Valley. We are well-versed in the EIRSA gamut, including Cash Balance, traditional Defined Benefit, 401(k) and Profit Sharing, and 403(b) for Nonprofit clients. Keep reading to learn more about how The Ryding Company can help with your retirement planning needs.

Hiring A Retirement Planning Company In Simi Valley, CA

If you are a participant in a Retirement Plan 401k and have a question, please Get in Touch With Us: The Ryding Company, Simi Valley, CA.

Defined Contribution and Defined Benefit Plans

For private-sector retirement plans, The Ryding Company can take care of all different types of clients and needs. We can work with plans to fall under the defined contribution or defined benefit plans. Defined benefit plans receive the following benefits.

  • » Earmarked retirement benefit
  • » Allows clients to amass assets in a brief period
  • » Contribution amount is dependent on the amount of retirement benefit the client wants, the age of the client, the client’s length of employment, and the worth of assets the client wants
  • » Ensure the contributions done make it possible

If you are interested in a retirement plan that falls under the defined contribution plan, there is no set amount for client benefits at retirement. Also, the employer and employees are responsible for making contributions to the earmarked retirement account.

Retirement Plan Services for Simi Valley

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The Ryding Company offers a wide range of services and guidance when it comes to retirement planning in Calabasas. As an industry expert, their team members have an average of ten years of experience and provide the highest level of support to all clients. Together, they will help you find the right retirement plan options for you and your business.

401(k) Plans

401(k) Plan is one of the most popular options for retirement plans that are company-sponsored.

  • It is typically an attractive feature for prospective employees
  • This plan encourages your employees to save money in a tax-deferred plan
  • Employers can benefit from tax-deductible contributions
  • Companies of any size can benefit from this retirement plan

Learn more about 401(k) Plans.

Cash Balance Plans

General pension plans fall into either defined benefit plans or defined contribution plans. Cash-balance plans fit within the defined benefit plan, but they can also resemble a defined contribution plan.

  • None of the individual’s own money is invested in the plan
  • Individuals do not have responsibility for investment decisions
  • The retirement benefit is based on a formula that factors an individual’s length of employment and the average salary
  • Employers carry the risks of investments

Learn more about Cash Balance Plans.

Defined Benefit Plans

These plans are often offered by government and public entities or large corporations. A specific monthly benefit is promised to individuals at retirement.

  • The promised benefit can be an exact dollar amount or calculated through a plan formula that factors in salary history and years of service Sometimes offered in lieu of increased pay
  • Best suited for individuals over the age of 50
  • Individuals can have additional retirement plans
  • Businesses of any size can establish defined benefit plans
  • The employer makes the most contributions

Learn more about Defined Benefit Plans.

403(b) and 457(b) Plans

Nonprofit entities can offer 403(b) plans, which are similar to 401(k) plans. This type of retirement plan is not subject to individual nondiscrimination testing. The Ryding Company can help you navigate the recent changes of 403(b) plans and design a plan that works for you.

    • Non-profit employees can save for retirement
    • Employees contribute a portion of their salary and reduce their taxable income
    • Vesting is almost immediate
    • 457(b) plans can benefit employees even if you offer a 403(b) plan. Employees can contribute to both Plans, up to the maximum amount.

Learn more about 403(b) and 457(b) Plans.

Plan Terminations

f you need to terminate an employee retirement plan, The Ryding Company can offer the guidance you need. It is essential to complete the administration of your Plan and be compliant with ERISA and IRS requirements while completing terminations. The Ryding Company can be an invaluable resource during this process.

Learn more about Plan Termination Services.

Additional Retirement Planning Services

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The Ryding Company can help you with a wide range of retirement planning needs. From compliance and audits to reviews and workshops, they provide the expertise and guidance you need to manage your retirement plan successfully.

Compliance Resolution

If you find that your plan is not in compliance, The Ryding Company can assist you with several available programs. You can find the support you need to correct any issues and efficiently return to a compliant status.

IRS/DOL Audits

If your organization is selected for an audit of your employee benefit retirement plan, the process can be very stressful. The Ryding Company can help you throughout the examination process and provide an overview of expectations for the procedure. You will have a better understanding and representation in the event of an audit.

Annual Plan Reviews

The Ryding Company likes to participate in your annual plan reviews as much as possible. This is the best time to review your plan documents, make changes, and verify compliance with updated laws from the IRS and ERISA.

Find the Retirement Planning Services You Need in Simi Valley CA

The Ryding Company has been a trusted name in retirement planning services for decades. With a highly trained and experienced team, you can believe that your business and retirement plans are in the right hands. You will receive hands-on support and guidance from a team who has done and seen it all when it comes to retirement planning. For all of your retirement planning needs, contact The Ryding Company today.

Retirement Plan Consultant/Administrators In Simi Valley, CA

Are you searching for a certified and reputable Retirement Plan Consultant/Administrators in Simi Valley, CA? Do you need a foolproof retirement planning? If Yes, then You are in the right place. Just Call us today at (866) 764-9222.